Goldman Sachs analyst Neil Mehta reinstated coverage of Atlas Energy Solutions with a Buy rating and $24 price target following completion of the Hi-Crush acquisition. Atlas Energy is a “unique play for North America exposure with key idiosyncratic drivers,” the analyst tells investors in a research note. The firm says that with the Dune Express on-track to be completed in Q4, it expects a free cash flow inflection in 2025.
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