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Solaris Energy price target raised to $45 from $41 at Stifel

Stifel raised the firm’s price target on Solaris Energy (SEI) to $45 from $41 and keeps a Buy rating on the shares following what the firm describes as “sharply higher-than-expected” Q2 results. The firm, which is adjusting its estimates following the report, views Solaris as well positioned for “robust multi-year growth,” fueled by rising power demand, especially from data centers.

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