Goldman Sachs upgraded WaterBridge Infrastructure (WBI) to Buy from Neutral with a $32 price target The company sees stronger water takeaway demand through its second open season of Speedway phase two, the analyst tells investors in a research note. As a result, Goldman is “increasingly more convicted” in WaterBridge’s ability to capture incremental growth. The firm also sees “strong” margin growth and increasing free cash flow as positives for the stock.
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