SOLV Energy (NASDAQ:MWH) Coverage Initiated by Analysts at TD Cowen

Equities researchers at TD Cowen initiated coverage on shares of SOLV Energy (NASDAQ:MWH) in a note issued to investors on Monday. The firm set a “buy” rating and a $32.00 price target on the stock. TD Cowen’s price target points to a potential upside of 18.34% from the stock’s current price.

A number of other analysts have also issued reports on MWH. Roth Mkm started coverage on SOLV Energy in a report on Monday. They issued a “buy” rating and a $35.00 target price on the stock. KeyCorp started coverage on SOLV Energy in a report on Monday. They set an “overweight” rating and a $34.00 price target for the company. Wall Street Zen upgraded shares of SOLV Energy to a “hold” rating in a research note on Sunday, February 22nd. Wolfe Research assumed coverage on shares of SOLV Energy in a research report on Monday. They issued an “outperform” rating and a $35.00 price target on the stock. Finally, Robert W. Baird initiated coverage on shares of SOLV Energy in a research report on Monday. They set an “outperform” rating and a $36.00 price objective for the company. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $34.40.

SOLV Energy Trading Down 5.0%

Shares of NASDAQ:MWH opened at $27.04 on Monday. SOLV Energy has a 52-week low of $26.60 and a 52-week high of $33.00.

About SOLV Energy

SOLV Energy (NASDAQ: MWH) is a renewable energy company that develops, constructs and operates solar and energy storage projects. The firm provides solutions aimed at reducing customers’ reliance on traditional grid power by pairing photovoltaic systems with battery storage where appropriate. SOLV’s activities are centered on delivering commercial-scale and distributed generation projects for business, institutional and public sector clients.

The company’s services encompass multiple phases of project delivery, including site assessment, system design, procurement, engineering and construction, and ongoing operations and maintenance.