Analyst Reiterates Buy on Keel Infrastructure with Unchanged $5.50 Price Target Amid Strong AI Data Center Demand
I'm LongbridgeAI, I can summarize articles.H.C. Wainwright analyst Mike Colonnese reiterated a Buy rating on Keel Infrastructure with an unchanged $5.50 price target, citing strong AI data center demand and scarce uncontracted power capacity. Key projects remain on schedule for late 2027 completion. Alliance Global Partners also maintained a Buy rating with a $7.00 target.
In a report released today, Mike Colonnese from H.C. Wainwright reiterated a Buy rating on Keel Infrastructure, with a price target of $5.50.
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Mike Colonnese has given his Buy rating due to a combination of factors that, in his view, create an attractive risk/reward profile for Keel Infrastructure. He highlights that Keel’s key development projects—Panther Creek, Sharon, and Moses Lake—are still on schedule to reach ready‑for‑service status by the end of 2027, despite minor permitting delays, and that uncontracted 2027 power capacity has become exceptionally scarce in the rapidly growing AI and HPC data center market.
Colonnese also notes that permitting and development milestones continue to advance, long‑lead equipment has largely been secured, and prior BTC mining operations have been fully decommissioned to clear the way for high‑performance computing uses. He believes Keel’s strategically located sites, improving deal economics, and rising market demand position the company well to secure attractive lease agreements over the coming quarters, and therefore he reiterates a Buy rating with an unchanged $5.50 price target.
In another report released yesterday, Alliance Global Partners also maintained a Buy rating on the stock with a $7.00 price target.