Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Fermi Inc. (FRMI) Gets a Buy from Evercore ISI

Tipranks - Tue Apr 14, 8:58AM CDT

In a report released today, Nicholas Amicucci from Evercore ISI maintained a Buy rating on Fermi Inc., with a price target of $20.00.

Claim 30% Off TipRanks

Amicucci covers the Utilities sector, focusing on stocks such as Consolidated Edison, Clearway Energy, and American Electric Power. According to TipRanks, Amicucci has an average return of 10.4% and a 58.46% success rate on recommended stocks.

Currently, the analyst consensus on Fermi Inc. is a Strong Buy with an average price target of $20.67.

Based on Fermi Inc.’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $133.2 million.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.