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Solaris Energy initiated with an Overweight at Morgan Stanley

Morgan Stanley initiated coverage of Solaris Energy (SEI) with an Overweight rating and $68 price target The firm says the company provides onsite power for data centers, enabling faster time to power by avoiding electric grid bottlenecks. Solaris Energy’s generation equipment has been secured through 2028, its business model builds creates cash flows, and the stock is pricing in only limited growth beyond 2028, the analyst tells investors in a research note.

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