BNP Paribas Exane began coverage on shares of Innio (NASDAQ:INIO – Get Free Report) in a research note issued on Monday. The brokerage set an “outperform” rating and a $48.00 price target on the stock. BNP Paribas Exane’s price objective indicates a potential upside of 28.72% from the stock’s previous close.
A number of other analysts also recently commented on INIO. The Goldman Sachs Group initiated coverage on Innio in a research note on Monday. They issued a “buy” rating and a $42.00 target price on the stock. UBS Group assumed coverage on shares of Innio in a research note on Monday. They set a “buy” rating and a $47.00 price objective on the stock. Robert W. Baird began coverage on shares of Innio in a research note on Monday. They issued an “outperform” rating and a $50.00 target price for the company. Morgan Stanley initiated coverage on shares of Innio in a report on Monday. They set an “overweight” rating and a $47.00 price target on the stock. Finally, Citigroup started coverage on shares of Innio in a research report on Monday. They issued a “neutral” rating and a $42.00 price objective for the company. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Innio has an average rating of “Moderate Buy” and a consensus price target of $45.12.
Check Out Our Latest Research Report on Innio
Innio Stock Performance
Innio Company Profile
INNIO is a provider of energy solutions, offering reciprocating gas engines, power generation systems, and related services for distributed power generation and gas compression applications. Its portfolio is designed to support customers in industries such as utilities, data centers, agriculture, wastewater, and oil and gas, where reliable on-site power and efficiency are important.
The company is best known for its Jenbacher and Waukesha brands, which are used in engines and power systems that can run on natural gas, biogas, and other gaseous fuels.
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