Analysts Are Bullish on Top Energy Stocks: Kodiak Gas Services, Inc. (KGS), Atlas Energy Solutions (AESI)

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Kodiak Gas Services, Inc. (KGS – Research Report) and Atlas Energy Solutions (AESI – Research Report) with bullish sentiments.

Kodiak Gas Services, Inc. (KGS)

In a report issued on May 17, Elvira Scotto from RBC Capital reiterated a Buy rating on Kodiak Gas Services, Inc., with a price target of $30.00. The company’s shares closed last Friday at $28.49, close to its 52-week high of $29.00.

According to TipRanks.com, Scotto is a top 100 analyst with an average return of 19.3% and a 67.0% success rate. Scotto covers the NA sector, focusing on stocks such as Enterprise Products Partners, Western Midstream Partners, and Cheniere Energy Partners.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kodiak Gas Services, Inc. with a $30.40 average price target, a 7.2% upside from current levels. In a report issued on May 10, Truist Financial also maintained a Buy rating on the stock with a $32.00 price target.

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Atlas Energy Solutions (AESI)

Piper Sandler analyst Luke Lemoine maintained a Buy rating on Atlas Energy Solutions today and set a price target of $29.00. The company’s shares closed last Friday at $23.53, close to its 52-week high of $24.69.

According to TipRanks.com, Lemoine is a 4-star analyst with an average return of 9.6% and a 66.2% success rate. Lemoine covers the NA sector, focusing on stocks such as Solaris Oilfield Infrastructure, KLX Energy Services Holdings, and Oceaneering International.

Atlas Energy Solutions has an analyst consensus of Strong Buy, with a price target consensus of $26.00, implying an 11.4% upside from current levels. In a report issued on May 6, RBC Capital also maintained a Buy rating on the stock with a $27.00 price target.

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Read More on KGS:

• Kodiak Gas Services price target raised to $32 from $28 at Truist
• Kodiak Gas Services sees FY24 revenue $1.13B-$1.18B, consensus $1.15B
• Kodiak Gas Services reports Q1 EPS 39c, consensus 36c
• Kodiak Gas Services Announces First Quarter 2024 Results Including Record Adjusted EBITDA; Increases Full Year 2024 Guidance
• Kodiak Gas Announces Attractive Quarterly Cash Dividends