Wells Fargo raised the firm’s price target on Aris Water Solutions to $11 from $9 and keeps an Equal Weight rating on the shares. The firm notes Aris is focusing on free cash flow maximization and intends to increase capital return to shareholders in 2024.
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Read More on ARIS:
- Aris Water Solutions price target raised to $14 from $13 at Citi
- Aris Water Solutions price target raised to $16 from $15 at Seaport Research
- Aris Water Solutions rises 20.4%
- Aris Water Solutions reports Q4 adjusted EPS 26c, consensus 22c
- Aris Water Solutions reports Q4 EPS 17c, consensus 22c
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