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Solaris Energy price target lowered to $38 from $39 at Raymond James

Raymond James analyst J.R. Weston lowered the firm’s price target on Solaris Energy (SEI) to $38 from $39 and keeps an Outperform rating on the shares. Solaris Energy’s latest newbuild order will allow it to compile a 1.7 GW gas turbine fleet, and Raymond James sees expanded opportunity as a first-mover in bespoke builds, competitive pricing and speed, and layered services, the analyst tells investors in a research note.

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