Wells Fargo raised the firm’s price target on Aris Water Solutions (ARIS) to $21 from $17 and keeps an Equal Weight rating on the shares. The firm notes Aris delivered a strong quarter with Q3 results and Q4 guide above consensus. Wells stays on the sidelines as Aris’ strong move post the quarter largely captures the improved growth outlook.
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Read More on ARIS:
- Aris Water Solutions Reports Strong Q3 Results and Positive Outlook
- Aris Water Solutions downgraded to Neutral from Overweight at JPMorgan
- Aris Water Solutions price target raised to $25 from $20 at Evercore ISI
- Aris Water Solutions rises 25.9%
- Aris Water Solutions rises 21.2%
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