Northland raised the firm’s price target on Solaris Energy (SEI) to $50 from $42 and keeps an Outperform rating on the shares. Solaris’ “stellar” Q2 results were driven by higher than expected MW deployment, which “highlights management’s strong industry connections,” the analyst tells investors in a post-earnings note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SEI:
- Convertible Senior Notes: A Barrier to Takeovers at Solaris Energy Infrastructure?
- Solaris Energy announces dual listing on NYSE Texas
- Solaris Energy 4M share Block Trade priced at $31.00
- Solaris Oilfield Infrastructure’s Earnings Call Highlights Growth and Challenges
- Solaris Energy 4M share Block Trade; price range $30.75-$31.50