Emerge Energy Services up 1.25%; Goldman sees 100% upside
via Notable Calls
After spending time with management, Goldman boosts its price target on Emerge Energy (NYSE:EMES) to $28.50, noting a 'very tight' frac sand market is driving pricing higher.
The company, says Goldman, could start making distributions again.
Initiating coverage, Coker Palmer is even more bullish, seeing a possible three-bagger on the upside, and in a bearish scenario, about 33% downside.
Shares +1.25% to $14.44