Stephens raised the firm’s price target on Atlas Energy (AESI) to $29 from $28 and keeps an Overweight rating on the shares. Following the acquisition of Moser Energy Systems, a provider of distributed power solutions, the firm is raising its 2025 cash flow per share and EBITDA estimates 8% and 11%, respectively.
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Read More on AESI:
- China’s DeepSeek sinks tech, AT&T reports Q4 beat: Morning Buzz
- Atlas Energy Solutions Acquires Moser Energy Systems
- Hilltop Holdings to sell its interest in Moser Energy Systems to Atlas Energy
- Atlas Energy sees FY24 revenue $1.055B-$1.057B, consensus $1.06B
- Atlas Energy to acquire Moser Energy Systems