Solaris Energy Infrastructure price target raised to $48 from $42 at Stifel

Stifel raised the firm’s price target on Solaris Energy Infrastructure (SEI) to $48 from $42 and keeps a Buy rating on the shares. Solaris delivered “solid” Q4 results, announced significant incremental orders for Power Generation assets, and inked a six-plus year contract for a minimum of 500MW of power with a large data center customer, notes the analyst, who remains “bullish” on Solaris’ growth opportunities in Power and is raising estimates.