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Solaris Energy initiated with an Outperform at Northland

Northland analyst Bobby Brooks initiated coverage of Solaris Energy (SEI) with an Outperform rating and $37 price target Solaris provides mobile natural gas power generation capabilities and the complex and large demand underpinned by surging power demand from AI data centers is “opening a vast opportunity,” the analyst tells investors. Solaris’ mobile and modular off-grid power solutions “perfectly address the issues stemming from the explosive growth in AI-driven DC demand and the increasingly constrained U.S. power grid,” the analyst contends.

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