Emerge Energy price target raised to $137 from $92 at RW Baird Baird raised its price target on Emerge Energy to $137 from $92 citing its pristine balance sheet. strong fundamentals, and rapid payback on capital deployment. Shares are Outperform rated.
Emerge Energy downgraded to Market Perform from Outperform at Wells Fargo Wells Fargo downgraded Emerge Energy to Market Perform after cutting its sector rating for Large Cap Servicers to Market Weight from Overweight. Wells lowered its price target range for shares to $49-$59 from $57-$65.
Emerge Energy volatility at low end of range, shares near 16-month low Emerge Energy overall option implied volatility of 54 compares to its 26-week average of 63 according to Track Data, suggesting decreasing price movement.