There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on Newpark Resources (NR – Research Report) and Vertex Energy (VTNR – Research Report) with bullish sentiments.
Newpark Resources (NR)
In a report released today, Aaron Spychalla from Craig-Hallum maintained a Buy rating on Newpark Resources. The company’s shares closed last Monday at $7.40, close to its 52-week high of $7.54.
According to TipRanks.com, Spychalla is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Newpark Resources with a $12.00 average price target, implying a 66.9% upside from current levels. In a report released today, H.C. Wainwright also initiated coverage with a Buy rating on the stock with a $12.00 price target.
See the top stocks recommended by analysts >>
Vertex Energy (VTNR)
Craig-Hallum analyst Eric Stine maintained a Buy rating on Vertex Energy today. The company’s shares closed last Monday at $3.62, close to its 52-week low of $3.18.
According to TipRanks.com, Stine is a 4-star analyst with an average return of
Vertex Energy has an analyst consensus of Strong Buy, with a price target consensus of $6.88.
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