Atlas Energy price target raised to $23 from $19 at Barclays

Barclays raised the firm’s price target on Atlas Energy (AESI) to $23 from $19 and keeps an Equal Weight rating on the shares. Atlas announced the acquisition of Moser Energy Systems on Monday with investors applauding the deal, the analyst tells investors in a research note. The firm likes the deal as it diversifies the company’s business beyond Dune Express at a “reasonable/attractive valuation.”