U.S. Silica estimates raised on growth visibility at Morgan Stanley Morgan Stanley raised U.S. Silica estimates following the company update on its long-term growth plan. The analyst believes the project pipeline increases growth visibility and its logistical and operational scale will drive upside. Shares are Overweight rated with an $85 price target, up from $80.
U.S. Silica price target raised to $80 from $75 at RBC Capital RBC Capital increased its price target on U.S. Silica as the firm believes that demand for raw frac sand continues to be strong. The firm expects the company's 2015 and 2016 EPS to surpass expectations. It keeps an Outperform rating on the stock.