Target Hospitality (TH) Raises 2022 Financial Outlook by 53%

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Target Hospitality (TH) PT Doubled to $16 at Stifel

July 12, 2022 4:48 PM EDT

Stifel analyst Stephen Gengaro raised the price target on Target Hospitality (NASDAQ: TH) to $16.00 (from $8.00) while maintaining a Buy rating after raising estimates.

The analyst commented, "We are sharply raising our 2022-23 EBITDA estimates and initiating a 2024 forecast following the... More