And Raymond James Scotia’s Jonathan Goldman raised his target for CES Energy Solutions Corp. to $9 from $8.50 with a “sector outperform” rating, while Raymond James’ Michael Barth increased his target to $10.50 from $8.50 with a “strong buy” recommendation. The average is $10.09.
“CEU delivered exceptional 2Q24 results that exceeded consensus expectations for the 22nd consecutive quarter. The good news was sprinkled everywhere: with top-line growth, margin expansion, strong NWC management, and a continued reduction in net debt,” said Mr. Barth.