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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ERII:
Questions or Comments about the article? Write to editor@tipranks.com