Fervo Energy (NASDAQ:FRVO) Stock Rating Upgraded by Sanford C. Bernstein

Fervo Energy (NASDAQ:FRVO) was upgraded by equities researchers at Sanford C. Bernstein to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

FRVO has been the topic of a number of other reports. HC Wainwright restated a “buy” rating on shares of Fervo Energy in a report on Wednesday, May 27th. Roth Mkm assumed coverage on Fervo Energy in a report on Thursday, June 11th. They issued a “buy” rating and a $45.00 price objective on the stock. Guggenheim upgraded Fervo Energy to a “strong-buy” rating and set a $48.00 price objective on the stock in a report on Monday, June 8th. Wall Street Zen upgraded Fervo Energy to a “hold” rating in a report on Saturday, May 16th. Finally, William Blair began coverage on Fervo Energy in a report on Monday, June 8th. They issued an “outperform” rating and a $43.00 price objective on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $45.67.

Fervo Energy Price Performance

Fervo Energy stock opened at $36.49 on Tuesday. Fervo Energy has a 12 month low of $32.39 and a 12 month high of $42.65.