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Target Hospitality remains ‘undiscovered data center play,’ says Stifel

Stifel analyst Stephen Gengaro, who continues to believe Target Hospitality (TH) remains “a relatively undiscovered play on AI/data center growth in the U.S. market,” is updating estimates to reflect the recent expansions of its data center contracts and the Power Community Contract. The firm is reiterating a Buy rating and $11 price target on the shares.

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