Wolfe Research Initiates Coverage of Solaris Energy (SEI)

Solaris Energy Infrastructure, Inc. (NYSE:SEI) is one of the top wonderful stocks to buy now. Wolfe Research initiated coverage of Solaris Energy Infrastructure, Inc. (NYSE:SEI) with an Outperform rating on July 6 and set a price target of $120. The firm told investors that the company is a former oilfield services company that “smartly” leveraged its expertise to pivot to power solutions, enabling long-term contracts with high-quality hyperscalers. The firm further stated that a deal with xAI was “just the start”, adding that it sees “lots of momentum here.”

Solaris Energy Infrastructure, Inc. (NYSE:SEI) also received a rating update from Needham on June 29. The firm initiated coverage of the stock with a Buy rating and set a price target of $97. The firm told investors in a research note that the company offers behind-the-meter natural gas power to data centers and other large loads facing multi-year grid-interconnection delays. Needham added that it expects Solaris Energy Infrastructure’s. (NYSE:SEI) adjusted EBITDA to “scale several-fold” as the contracted book ramps with a “re-shaped balance sheet supporting the build.”

Solaris Energy Infrastructure, Inc. (NYSE:SEI) is a holding company involved in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. The company’s operations are divided into the following segments: Solaris Power Solutions and Solaris Logistics Solutions.

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