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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Read More on TH:
- Target Hospitality Amends Credit Facility to Support Growth
- Target Hospitality announces multi-year lease, services agreement
- Target Hospitality Updates Bylaws Following Delaware Law Changes
- Target Hospitality director buys $993K in common stock
- Target Hospitality announces 400-bed community expansion
