Tetra Technologies price target raised to $7 from $5.50 at Northland

Northland raised the firm’s price target on Tetra Technologies (TTI) to $7 from $5.50 and keeps an Outperform rating on the shares. After having attended Tetra’s investor day, the firm left with greater confidence on its long-term growth strategy and believes the 2030 targets to double revenues to $1.2B, grow EBITDA to $325M, and increase free cash flow to $145M are “firmly achievable” due to growth drivers underpinned by “realistic projections, strong customer interest, and market needs,” the analyst tells investors.