SOLV Energy (NASDAQ:MWH) Now Covered by Analysts at Jefferies Financial Group

Jefferies Financial Group began coverage on shares of SOLV Energy (NASDAQ:MWH) in a research report released on Monday, MarketBeat reports. The brokerage issued a buy rating and a $32.00 price target on the stock.

MWH has been the subject of several other reports. JPMorgan Chase & Co. assumed coverage on SOLV Energy in a report on Monday. They set an “overweight” rating and a $34.00 price target for the company. Robert W. Baird started coverage on shares of SOLV Energy in a research note on Monday. They issued an “outperform” rating and a $36.00 price target on the stock. Wolfe Research initiated coverage on shares of SOLV Energy in a research report on Monday. They set an “outperform” rating and a $35.00 price objective on the stock. KeyCorp initiated 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. Finally, TD Cowen initiated coverage on shares of SOLV Energy in a report on Monday. They issued a “buy” rating and a $32.00 target price for the company. Ten investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $35.10.

SOLV Energy Trading Up 4.4%

SOLV Energy 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.

More SOLV Energy News

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

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.