Why Is Atlas Energy Stock Gaining Friday?

Atlas Energy Solutions Inc. One agreement covers balance-of-plant equipment supporting existing generator orders under Atlas’ Global Framework Agreement, or GFA, with Caterpillar Inc.

“This customer’s willingness to enter into cost reimbursement agreements is a clear sign of commitment to these projects as we work together toward the execution of long-term power purchase agreements,” Turner said. The stock is above its 50-day SMA but remains below its 100-day and 200-day SMAs.

Recent target reductions help frame that cautious consensus. Citigroup maintained Buy and cut its target to $17 on Sept.

3, Piper Sandler maintained Neutral and lowered its target to $15 on Aug. 27, and Barclays maintained Underweight while cutting its target to $10 on Aug.

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