Dawson James raised the firm’s price target on Profire Energy to $2.50 from $2 and keeps a Buy rating on the shares. The “market share leader in burner management systems for oil and gas production” is expanding its addressable market with deployment of burner management systems for midstream and upstream applications, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PFIE:
- Profire Energy to Present and Host Investor Meetings at the 15th Annual Southwest IDEAS Investor Conference on November 16th
- Profire Energy reports Q3 EPS 4c, consensus 4c
- Profire Energy Reports Financial Results for Third Quarter 2023
- PFIE Upcoming Earnings Report: What to Expect?
- Profire Energy Sets Third Quarter 2023 Earnings Call for Thursday, November 9, 2023 at 8:30 a.m. ET