Raymond James Maintains Outperform on Energy Recovery, Raises Price Target to $32
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 $31 to $32.
August 04, 2023 | 1:57 pm
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Raymond James maintains an Outperform rating on Energy Recovery and raises the price target from $31 to $32.
The raised price target by Raymond James indicates a positive outlook for Energy Recovery. This could potentially lead to an increase in investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100