Evercore ISI Group Maintains Outperform on Energy Recovery, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst James West maintains an Outperform rating on Energy Recovery (NASDAQ:ERII) but lowers the price target from $26 to $24.
February 28, 2024 | 5:19 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Outperform rating on Energy Recovery but lowers the price target from $26 to $24.
The adjustment in price target by a reputable analyst firm like Evercore ISI Group could influence investor sentiment. However, the maintenance of an Outperform rating suggests a continued positive outlook on the company, potentially balancing the impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100