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Solaris Energy Infrastructure shares fall 8.4%
Solaris Energy Infrastructure, Inc. (NYSE: SEI) saw its stock price drop 8.4% during Monday trading, reaching a low of $61.00. The trading volume for the session was approximately 997,030 shares, which represents a 64% decrease compared to the average session volume.
Market analysts have provided mixed outlooks for the company. While Wells Fargo & Company recently upgraded the stock from 'equal weight' to 'overweight' with a revised price objective of $73.00, other firms have issued downgrades. Wall Street Zen moved the rating from 'sell' to 'strong sell', and Weiss Ratings downgraded the stock from 'hold (c+)' to 'hold (c)'. Despite these shifts, the consensus rating among ten analysts is 'Buy', with a consensus target price of $88.33. The company maintains a market capitalization of $4.85 billion.
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NYSE · Solaris Energy Infrastructure, Inc. · Stifel Nicolaus · Wells Fargo & Company · Zacks Research