StreetInsider.com News Articles

Stifel Reiterates Buy Rating on Target Hospitality (TH)

Wed, 09 Sep 2026 09:38:51 -0400

Stifel analyst Stephen Gengaro reiterated a Buy rating and $26.00 price target on Target Hospitality (NASDAQ: TH).

The analyst commented, "TH launched an underwritten secondary offering of 13.0 million shares by TDR Capital-controlled shareholders, with a 30-day option to purchase up to an additional 1.95 million shares. Target is not selling any shares and will not receive proceeds from the offering. Concurrent with the offering, TH plans to repurchase roughly $30 million of common stock from the underwriters at the offering price funded with cash on and borrowings under its ABL facility. TH had approximately 100 million shares outstanding as of

Target Hospitality (TH) PT Raised to $27 at Oppenheimer

Tue, 08 Sep 2026 08:12:12 -0400

Oppenheimer analyst Scott Schneeberger raised the price target on Target Hospitality (NASDAQ: TH) to $27.00 (from $24.00) while maintaining a Outperform rating.

Target Hospitality (TH) PT Raised to $26 at Stifel on Bullish Outlook Post Data Center Contract

Thu, 27 Aug 2026 07:39:05 -0400

Stifel analyst Stephen Gengaro raised the price target on Target Hospitality (NASDAQ: TH) to $26.00 (from $23.00) while maintaining a Buy rating.

The analyst commented, "Following TH's new data center contract that we discussed in a note titled New data center award, supports our bullish outlook, Reiterate Buy We are raising our 2026-28E adjusted EBITDA forecasts to $108.2 million, $247.6 million, and $303.6 million from $83.8 million, $203.7 million, and $266.7 million respectively. We believe TH remains very well positioned to secure additional awards, which is supported by management maintaining its 20,000 bed opportunity pipeline. We reiterate our Buy and are

Target Hospitality (TH) PT Raised to $26 at Stifel on Bullish Outlook Post Data Center Contract

Thu, 27 Aug 2026 07:39:05 -0400

Stifel analyst Stephen Gengaro raised the price target on Target Hospitality (NASDAQ: TH) to $26.00 (from $23.00) while maintaining a Buy rating.

Form 8-K Target Hospitality Corp. For: Aug 19

Wed, 26 Aug 2026 06:49:00 -0400

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Form 8-K Target Hospitality Corp. For: Aug 19

Wed, 26 Aug 2026 06:49:00 -0400

si-local-file:///var/storage/secattach/20260826/26977079.html

Target Hospitality wins $250M data center contract, raises 2026 outlook

Wed, 26 Aug 2026 06:45:19 -0400

Target Hospitality Corp. (Nasdaq: TH) announced a multi-year lease and services agreement to provide facility and hospitality services for a data center development project by a top-five hyperscaler in the Pecos region of West Texas, according to a company press release.

The contract is expected to generate approximately $250 million in revenue through August 2030. Target Hospitality will deliver accommodations and hospitality services to support approximately 1,100 individuals, with initial occupancy planned for the third quarter of 2026. The company said it plans to modify existing underutilized assets to complete the community, requiring less than $15 million in capital investment.

Including this

Target Hospitality wins $250M data center contract, raises 2026 outlook

Wed, 26 Aug 2026 06:45:19 -0400

Including this

Target Hospitality Secures New Multi-Year Contract Expected to Generate Approximately $250 Million of Revenue to Support a Top-Five Hyperscaler Data Center Project

Wed, 26 Aug 2026 06:45:00 -0400

Raises Full-Year 2026 Revenue and Adjusted EBITDA ⁽¹⁾ Outlook at the Midpoint by 6% and 22%, Respectively

THE WOODLANDS, Texas, Aug. 26, 2026 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced a new multi-year lease and services agreement (the "Contract") to provide comprehensive facility and hospitality services for a top-five hyperscaler's data center development in the Pecos region of West Texas (the "Community").

Target

Target Hospitality Secures New Multi-Year Contract Expected to Generate Approximately $250 Million of Revenue to Support a Top-Five Hyperscaler Data Center Project

Wed, 26 Aug 2026 06:45:00 -0400

Raises Full-Year 2026 Revenue and Adjusted EBITDA ⁽¹⁾ Outlook at the Midpoint by 6% and 22%, Respectively

Target

Target Hospitality Secures New Multi-Year Contract Expected to Generate Approximately $250 Million of Revenue to Support a Top-Five Hyperscaler Data Center Project

Wed, 26 Aug 2026 06:45:00 -0400

Raises Full-Year 2026 Revenue and Adjusted EBITDA ⁽¹⁾ Outlook at the Midpoint by 6% and 22%, Respectively

Target

Target Hospitality Secures New Multi-Year Contract Expected to Generate Approximately $250 Million of Revenue to Support a Top-Five Hyperscaler Data Center Project

Wed, 26 Aug 2026 06:45:00 -0400

Raises Full-Year 2026 Revenue and Adjusted EBITDA ⁽¹⁾ Outlook at the Midpoint by 6% and 22%, Respectively

Target

Deutsche Bank Upgrades Target Hospitality (TH) to Buy

Thu, 20 Aug 2026 08:46:01 -0400