Fervo Energy (NASDAQ:FRVO – Get Free Report) was upgraded by analysts at Barclays to a “strong-buy” rating in a report released on Monday,Zacks.com reports.
Other analysts also recently issued research reports about the stock. Guggenheim assumed coverage on shares of Fervo Energy in a report on Sunday. They issued a “buy” rating and a $48.00 target price on the stock. Royal Bank Of Canada assumed coverage on shares of Fervo Energy in a report on Sunday. They issued an “outperform” rating and a $46.00 target price on the stock. Jefferies Financial Group assumed coverage on shares of Fervo Energy in a report on Wednesday, May 27th. They issued a “hold” rating and a $42.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on shares of Fervo Energy in a report on Monday. They issued an “overweight” rating and a $47.00 target price on the stock. Finally, Robert W. Baird assumed coverage on shares of Fervo Energy in a report on Monday. They issued an “outperform” rating and a $47.00 target price on the stock. Six analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $45.80.
Read Our Latest Research Report on FRVO
Fervo Energy Price Performance
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