SOLV Energy (NASDAQ:MWH) Now Covered by UBS Group

UBS Group assumed coverage on shares of SOLV Energy (NASDAQ:MWH) in a report issued on Monday, Marketbeat.com reports. The firm issued a buy rating and a $42.00 target price on the stock.

A number of other equities analysts have also weighed in on MWH. Wall Street Zen upgraded shares of SOLV Energy to a “hold” rating in a research report on Sunday, February 22nd. Roth Mkm assumed coverage on shares of SOLV Energy in a research note on Monday. They issued a “buy” rating and a $35.00 target price on the stock. Robert W. Baird began coverage on SOLV Energy in a research report on Monday. They issued an “outperform” rating and a $36.00 price target for the company. Wolfe Research assumed coverage on SOLV Energy in a report on Monday. They issued an “outperform” rating and a $35.00 price target for the company. Finally, JPMorgan Chase & Co. initiated coverage on SOLV Energy in a research report on Monday. They set an “overweight” rating and a $34.00 price objective on the stock. Ten investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, SOLV Energy has an average rating of “Buy” and an average price target of $35.10.

SOLV Energy Stock Performance

Shares of MWH opened at $28.22 on Monday. SOLV Energy has a 52-week low of $26.42 and a 52-week high of $33.00.

Key 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.