Fearnley analyst Nils Thommesen downgraded Energy Recovery (ERII) to Hold from Buy with a $20 price target The company’s earnings growth is “kicking off” but this is reflected in the stock’s valuation, the analyst tells investors in a research note.
Fearnley analyst Nils Thommesen downgraded Energy Recovery (ERII) to Hold from Buy with a $20 price target The company’s earnings growth is “kicking off” but this is reflected in the stock’s valuation, the analyst tells investors in a research note.