SOLV Energy (NASDAQ:MWH) Earns Outperform Rating from Analysts at Wolfe Research

Equities researchers at Wolfe Research initiated coverage on shares of SOLV Energy (NASDAQ:MWH) in a note issued to investors on Monday,Benzinga reports. The firm set an “outperform” rating and a $35.00 price target on the stock. Wolfe Research’s price target indicates a potential upside of 29.44% from the stock’s previous close.

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

SOLV Energy Trading Down 5.0%

MWH stock opened at $27.04 on Monday. SOLV Energy has a one year low of $26.60 and a one year high of $33.00.

SOLV Energy Company Profile

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.