Innio (NASDAQ:INIO – Get Free Report) was upgraded by The Goldman Sachs Group to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.
Other equities research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Innio in a research note on Monday. They set a “hold” rating and a $41.00 price objective on the stock. Royal Bank Of Canada started coverage on shares of Innio in a research note on Monday. They set a “sector perform” rating and a $39.00 target price for the company. Citigroup initiated coverage on Innio in a research report on Monday. They issued a “neutral” rating and a $42.00 price target on the stock. UBS Group started coverage on Innio in a research note on Monday. They issued a “buy” rating and a $47.00 price target on the stock. Finally, Bank of America assumed coverage on Innio in a research report on Monday. They set a “buy” rating and a $46.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $44.60.
Check Out Our Latest Stock Analysis on Innio
Innio Stock Up 2.8%
About Innio
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.
Featured Articles
- Five stocks we like better than Innio
- The AI Boom Has a Second Act—And It’s Playing Out in Optics
- Gold’s 2026 Rally Has Cracked—Is It Time to Buy the Pullback?
- 5 Tech Stocks to Buy on the July Pullback
- Is OpenAI’s IPO Delay a Warning for AI Investors?
Receive News & Ratings for Innio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innio and related companies with MarketBeat.com's FREE daily email newsletter.
