SOLV Energy (NASDAQ:MWH) Coverage Initiated at JPMorgan Chase & Co.

Stock analysts at JPMorgan Chase & Co. initiated coverage on shares of SOLV Energy (NASDAQ:MWH) in a note issued to investors on Monday, Marketbeat Ratings reports. The brokerage set an “overweight” rating and a $34.00 price target on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 21.43% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Robert W. Baird started coverage on shares of SOLV Energy in a report on Monday. They set an “outperform” rating and a $36.00 price target on the stock. Wolfe Research initiated coverage on SOLV Energy in a research report on Monday. They issued an “outperform” rating and a $35.00 price target on the stock. TD Cowen initiated coverage on shares of SOLV Energy in a report on Monday. They set a “buy” rating and a $32.00 price objective on the stock. Wall Street Zen upgraded SOLV Energy to a “hold” rating in a report on Sunday, February 22nd. Finally, Roth Mkm began coverage on SOLV Energy in a research note on Monday. They issued a “buy” rating and a $35.00 target price on the stock. Ten equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, SOLV Energy currently has an average rating of “Buy” and a consensus price target of $35.10.

SOLV Energy Stock Up 3.6%

MWH stock traded up $0.96 during mid-day trading on Monday, hitting $28.00. The stock had a trading volume of 173,867 shares, compared to its average volume of 926,173. SOLV Energy has a 1-year low of $26.42 and a 1-year high of $33.00.

Trending Headlines about SOLV Energy

Here are the key news stories impacting SOLV Energy this week:

• Positive Sentiment: TD Cowen initiated coverage with a “Buy” rating and a $32.00 price target (about an 18% upside vs. $27.04).
• Positive Sentiment: Robert W. Baird started coverage with an “Outperform” rating and a $36.00 price target (about a 33% upside). Benzinga
• Positive Sentiment: Wolfe Research initiated coverage with an “Outperform” rating and a $35.00 price target (about a 29% upside). Benzinga
• Positive Sentiment: KeyCorp began coverage with an “Overweight” rating and a $34.00 price target (about a 26% upside). Benzinga
• Positive Sentiment: Roth MKM initiated with a “Buy” rating and a $35.00 price target (about a 29% upside). Benzinga TickerReport

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.