Barclays Affirms Buy Rating on Solaris (SEI) with $44 Price Target

Reported 1 day ago

Barclays analyst David Anderson has reaffirmed a Buy rating on Solaris Energy Infrastructure Inc. (NYSE:SEI) with an unchanged price target of $44, citing the company's impressive Q2 performance and strong Q3 EBITDA guidance. Despite a recent 17% decline in stock value, the consensus shows a potential upside of 74% for the next 12 months. Anderson highlighted the growing importance of distributed power solutions amidst a looming power shortage, positioning Solaris favorably in the energy sector.

Source: YAHOO

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