Cowen Starts Solaris Oilfield Infrastructure (SOI) at Outperform

Cowen analyst Jonathan Hunter initiates coverage on Solaris Oilfield Infrastructure (NYSE: SOI) with a Outperform rating and a price target of $20.00.

The analyst commented, "While we expect margin compression and moderation of system growth near term, at 4.7x our 2020 EBITDA which is conservatively 30% below consensus, we see these concerns more than reflected in the stock. Additionally, our checks with E&Ps suggest SOI has a superior offering potentially limiting the margin compression that we assume."

For an analyst ratings summary and ratings history on Solaris Oilfield Infrastructure click here. For more ratings news on Solaris Oilfield Infrastructure click here.

Shares of Solaris Oilfield Infrastructure closed at $14.64 yesterday.

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