Nuverra Environmental (NES) Tops Q1 EPS by 13c

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Imperial Capital Raises PT on Nuverra Environmental (NES) Following 1Q15

May 12, 2015 10:35 AM EDT

Imperial Capital maintains their In-Line rating on Nuverra Environmental Solutions (NYSE: NES), and raised the price target to $5.00 (from $4.00), after 1Q15. NES reported an Adjusted EBITDA of $18.7mn, +9.3% above Imperial Capital's $17.1mn
estimates, and above the consensus estimate of $16.8mn. Revenue of $119.1mn exceeded estimates by $1.6mn (Street: $117.3mn).

Imperial Capital analyst, Scott Levine, shared their views on NES, saying, "We are maintaining our In-Line rating on NES, and are raising our one-year price target to $5 from $4. Our price target is about... More

Nuverra Environmental (NES) is Stabilizing Business as E&P Activity Ebbs; Roth Boosts PT to $4

May 12, 2015 9:57 AM EDT

Roth Capital affirms Nuverra Environmental Solutions (NYSE: NES) at Neutral and moves its price target from $3.50 up to $4 following Q1 results issued Monday morning.

Analyst Gerry Sweeney summarized, Nuverra posted revenue 1Q results which show it continues to gain a better... More