Black Hills Corp (BKH) PT Raised to $97 at BofA Securities

BofA Securities analyst Ross Fowler raised the price target on Black Hills Corp (NYSE: BKH) to $97.00 (from $87.00) while maintaining a Buy rating.

The analyst comments "Our Wyoming investor trip significantly increased our conviction in the size, scale and duration of the state’s data center opportunity. We toured operating campuses, buildings nearing completion, projects under construction and large planned sites with substantial expansion acreage. The physical development was striking. Cheyenne LEADS identifies 10 data centers operating, 5 under construction and 10 planned. Those who attended the trip likely understood that the opportunity is material and extends well beyond Black Hill Corpo’s (BKH) guidance."

You May Also Be Interested In

• Rubrik Inc (RBRK) PT Raised to $139 at Baird
• Anixa Biosciences (ANIX) PT Lowered to $6 at H.C. Wainwright
• Marvell (MRVL) Reiterated at Buy by Stifel on Position Across Connectivity Topologies