Seaport Research raised the firm’s price target on Select Water Solutions (WTTR) to $17 from $14 and keeps a Buy rating on the shares. Management has proven Select Water Solutions can: co-dominate U.S. shale’s secular production solutions; leverage opportunity to transform its business model into a reliable, predictable, and profitable revenue; and earn and return a meaningful amount of free-cash-flow, the analyst tells investors.
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