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Target Hospitality ( (TH) ) has provided an announcement.
On February 18, 2025, Target Hospitality announced a multi-year agreement with Lithium Americas Corp. to construct and manage a workforce housing community near the Thacker Pass Project in Nevada. This project is expected to generate approximately $140 million in revenue over its initial term and supports Target’s strategic diversification and regional expansion efforts, enhancing its business fundamentals and financial outlook for 2025.
More about Target Hospitality
Target Hospitality is one of North America’s largest providers of vertically integrated modular accommodations and value-added hospitality services, offering solutions such as premium food service management, concierge, laundry, logistics, security, and recreational facilities services.
YTD Price Performance: -4.95%
Average Trading Volume: 477,104
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $911.2M
For detailed information about TH stock, go to TipRanks’ Stock Analysis page.
