Robert W. Baird Begins Coverage on SOLV Energy (NASDAQ:MWH)

Key Points

• Robert W. Baird began coverage on SOLV Energy (NASDAQ:MWH) with an "outperform" rating and a $36 price target, implying about a 33% upside from the current price.
• Analyst consensus is bullish: four analysts rate the stock as a Buy with an average price target of $35, and Roth MKM also initiated coverage with a Buy and $35 objective while Wall Street Zen recently rated it Hold.
• Shares opened at $27.04 (down ~5%), trading near a 52‑week low of $26.60 and below a 52‑week high of $33.00, providing context for the analysts' upside projections.

Robert W. Baird began coverage on shares of SOLV Energy (NASDAQ:MWH - Get Free Report) in a research note issued to investors on Monday,Benzinga reports. The firm set an "outperform" rating and a $36.00 price target on the stock. Robert W. Baird's price target would indicate a potential upside of 33.14% from the stock's current price.

Several other analysts also recently weighed in on MWH. Wall Street Zen raised shares of SOLV Energy to a "hold" rating in a research note on Sunday, February 22nd. Roth Mkm initiated coverage on SOLV Energy in a report on Monday. They issued a "buy" rating and a $35.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, SOLV Energy has an average rating of "Buy" and an average price target of $35.00.

SOLV Energy Stock Down 5.0%

Shares of SOLV Energy stock opened at $27.04 on Monday. SOLV Energy has a 52-week low of $26.60 and a 52-week high of $33.00.

SOLV Energy Company Profile

SOLV Energy NASDAQ: MWH is a renewable energy company that develops, constructs and operates solar and energy storage projects. The firm provides solutions aimed at reducing customers’ reliance on traditional grid power by pairing photovoltaic systems with battery storage where appropriate. SOLV’s activities are centered on delivering commercial-scale and distributed generation projects for business, institutional and public sector clients.

The company’s services encompass multiple phases of project delivery, including site assessment, system design, procurement, engineering and construction, and ongoing operations and maintenance.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.