Fervo Energy (NASDAQ:FRVO) Now Covered by Wolfe Research

Investment analysts at Wolfe Research assumed coverage on shares of Fervo Energy (NASDAQ:FRVO) in a report released on Monday. The brokerage set a “peer perform” rating on the stock.

FRVO has been the topic of a number of other reports. Piper Sandler assumed coverage on shares of Fervo Energy in a research note on Sunday. They set an “overweight” rating and a $51.00 price target on the stock. Robert W. Baird initiated coverage on shares of Fervo Energy in a report on Monday. They issued an “outperform” rating and a $47.00 price objective for the company. Guggenheim started coverage on shares of Fervo Energy in a research note on Sunday. They set a “buy” rating and a $48.00 target price on the stock. Wall Street Zen upgraded shares of Fervo Energy to a “hold” rating in a report on Saturday, May 16th. Finally, William Blair started coverage on shares of Fervo Energy in a research note on Monday. They issued an “outperform” rating and a $43.00 price target for the company. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.80.

Fervo Energy Stock Performance

FRVO opened at $37.22 on Monday. Fervo Energy has a 12-month low of $34.27 and a 12-month high of $42.65.