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Stifel Maintains Buy Rating for Charah Solns: Here's What You Need To Know

Author: Benzinga Insights | December 30, 2022 01:00pm

Stifel has decided to maintain its Buy rating of Charah Solns (NYSE:CHRA) and raise its price target from $2.00 to $17.00.

Shares of Charah Solns are trading up 1349.74% over the last 24 hours, at $5.87 per share.

A move to $17.00 would account for a 189.61% increase from the current share price.

About Charah Solns

Charah Solutions Inc is a national service provider of mission-critical environmental services and byproduct sales to the power generation industry. It offers a suite of remediation and compliance services, byproduct sales and marketing, fossil services and environmental risk transfer services. It also designs and implements solutions for complex environmental projects such as coal ash pond closures and facilitate coal ash recycling through byproduct sales and other beneficial use services.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: CHRA

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