SOLV Energy (NASDAQ:MWH) Now Covered by Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. initiated coverage on shares of SOLV Energy (NASDAQ:MWH) in a research note issued to investors on Monday morning, Marketbeat.com reports. The brokerage issued an overweight rating and a $34.00 target price on the stock.

MWH has been the topic of a number of other reports. TD Cowen started coverage on shares of SOLV Energy in a research note on Monday. They issued a “buy” rating and a $32.00 target price on the stock. Wall Street Zen raised shares of SOLV Energy to a “hold” rating in a research note on Sunday, February 22nd. KeyCorp assumed coverage on SOLV Energy in a report on Monday. They issued an “overweight” rating and a $34.00 price target for the company. Wolfe Research assumed coverage on SOLV Energy in a research note on Monday. They issued an “outperform” rating and a $35.00 price objective on the stock. Finally, Roth Mkm assumed coverage on SOLV Energy in a report on Monday. They set a “buy” rating and a $35.00 price objective on the stock. Ten investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $35.10.

SOLV Energy Trading Up 4.4%

MWH stock opened at $28.22 on Monday. SOLV Energy has a 12 month low of $26.42 and a 12 month high of $33.00.

SOLV Energy News Roundup

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

• Positive Sentiment: Jefferies initiated coverage with a “Buy” rating and a $32 price target (~13% implied upside). Article Title
• Positive Sentiment: JPMorgan started coverage at “Overweight” with a $34 price target (~20% upside), signaling institutional interest. Article Title
• Positive Sentiment: UBS initiated with a “Buy” and a $42 target (~49% upside), the most aggressive projection among the new reports. Article Title
• Positive Sentiment: Evercore gave an “Outperform” rating and a $34 target (~20% upside), adding to the cluster of buy-oriented starts. Article Title
• Positive Sentiment: Guggenheim initiated coverage at “Buy” with a $37 price target (~31% upside). Article Title
• Positive Sentiment: TD Cowen started coverage with a “Buy” and a $32 target (~13% upside). Article Title TickerReport
• Positive Sentiment: Robert W. Baird initiated at “Outperform” with a $36 target (~28% upside). Article Title
• Positive Sentiment: Wolfe Research started coverage at “Outperform” with a $35 target (~24% upside). Article Title
• Positive Sentiment: KeyCorp initiated at “Overweight” with a $34 target (~20% upside). Article Title
• Positive Sentiment: Roth MKM initiated coverage with a “Buy” and a $35 price target (~24% upside). Article Title TickerReport

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.