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Analysts Offer Insights on Utilities Companies: Southwest Gas (SWX) and Energy Vault Holdings (NRGV)

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Southwest Gas (SWXResearch Report) and Energy Vault Holdings (NRGVResearch Report).

Southwest Gas (SWX)

Wells Fargo analyst Sarah Akers maintained a Hold rating on Southwest Gas today and set a price target of $77.00. The company’s shares closed last Friday at $76.38, close to its 52-week high of $77.16.

According to TipRanks.com, Akers is a 4-star analyst with an average return of 7.4% and a 67.2% success rate. Akers covers the Utilities sector, focusing on stocks such as Pinnacle West Capital, Chesapeake Utilities, and New Jersey Resources.

Currently, the analyst consensus on Southwest Gas is a Hold with an average price target of $74.33.

See today’s best-performing stocks on TipRanks >>

Energy Vault Holdings (NRGV)

TD Cowen analyst Thomas Boyes maintained a Buy rating on Energy Vault Holdings today and set a price target of $4.00. The company’s shares closed last Friday at $1.12, close to its 52-week low of $1.05.

According to TipRanks.com, Boyes is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -39.6% and a 10.0% success rate. Boyes covers the Industrial Goods sector, focusing on stocks such as Eos Energy Enterprises, PureCycle Technologies, and ESS Tech.

Currently, the analyst consensus on Energy Vault Holdings is a Hold with an average price target of $3.00, a 147.9% upside from current levels. In a report issued on April 30, Stifel Nicolaus also maintained a Buy rating on the stock with a $3.00 price target.

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