Adams Resources & Energy (NYSE:AE) Coverage Initiated by Analysts at StockNews.com

Market Beat
2025.02.09 06:35
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StockNews.com has initiated coverage on Adams Resources & Energy (NYSE:AE), issuing a "buy" rating. B. Riley has reissued a "neutral" rating with a reduced price target of $38.00. The company reported a quarterly EPS of ($1.76), missing estimates, but revenue was $695.16 million, exceeding expectations. Institutional investors hold 57.81% of the stock. Adams Resources & Energy operates in crude oil marketing, transportation, and storage.