Raymond James Maintains Outperform on Energy Recovery, Raises Price Target to $31
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Pavel Molchanov maintains an Outperform rating on Energy Recovery (NASDAQ:ERII) and raises the price target from $26 to $31.
July 12, 2023 | 11:43 am
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POSITIVE IMPACT
Raymond James maintains an Outperform rating on Energy Recovery and raises the price target from $26 to $31, indicating a positive outlook for the company.
The raised price target by Raymond James indicates a positive outlook for Energy Recovery. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100