Emerge Energy price target raised to $92 from $85 at RW Baird Baird raised its price target on Emerge Energy following excellent Q1 results. The firm raised its distribution estimates, noted the company signed four new contracts, and sum-of-the-parts valuation. Shares are Outperform rated.
Emerge Energy sell-off a 'knee jerk reaction,' says Wunderlich Wunderlich calls the pullback in shares of Emerge Energy a "knee jerk reaction" to falling oil prices. After speaking with management, Wunderlich says it is "extremely convinced" Emerge can manage through the down cycle. It believes the company's business fundamentals remain strong and keeps a Buy rating on the stock with a $145 price target.