--- title: "Bobby Brooks Raises CECO Price Target to $118 on Expanding Natural-Gas Power and Emissions Control Opportunities" type: "News" locale: "en" url: "https://longbridge.com/en/news/292614692.md" description: "Northland Securities analyst Bobby Brooks raised CECO Environmental's price target to $118 and assigned a Buy rating, citing expanding opportunities in natural-gas power and emissions control. He noted the domestic revenue pool for CECO's offerings has grown to nearly $8.8B, driven by structural trends like industrial re-shoring and data-center power needs. Additionally, J.P. Morgan initiated coverage with a Buy rating and a $130 price target." datetime: "2026-07-14T11:15:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292614692.md) - [en](https://longbridge.com/en/news/292614692.md) - [zh-HK](https://longbridge.com/zh-HK/news/292614692.md) --- # Bobby Brooks Raises CECO Price Target to $118 on Expanding Natural-Gas Power and Emissions Control Opportunities Northland Securities analyst Bobby Brooks assigned a Buy rating on Ceco Environmental today and set a price target of $118.00. ### TipRanks Welcomes a New ETF – NYSE:RANK - TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. - RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies. Bobby Brooks has given his Buy rating due to a combination of factors tied to CECO’s expanding opportunity in natural-gas power generation and its strong positioning in emissions control solutions. His analysis of recent EIA project data shows that the potential domestic revenue pool for CECO’s offerings has grown markedly, now approaching $8.8B, with projects that have regulatory approvals received or pending also increasing materially, indicating a faster-moving pipeline. Bobby Brooks’s rating is based on the view that structural drivers such as industrial re-shoring, surging data-center power needs, the requirement for reliable baseload alongside renewables, and the phase-out of coal facilities will continue to fuel demand for CECO’s technologies. Using a project-level framework focused on larger plants and a revenue-per-megawatt assumption grounded in discussions with management, he concludes that CECO is well placed to capture a meaningful share of this growing market, supporting his upward revision of the price target to $118 and reinforcing his conviction in further record order momentum and sustainable growth. In another report released on July 9, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $130.00 price target. ### Related Stocks - [CECO.US](https://longbridge.com/en/quote/CECO.US.md) - [RANK.US](https://longbridge.com/en/quote/RANK.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) ## Related News & Research - [Is CECO Environmental (CECO) A Bargain On Raised 2026 Outlook And Record Backlog?](https://longbridge.com/en/news/296030658.md) - [Here's How Much $100 Invested In CECO Environmental 15 Years Ago Would Be Worth Today](https://longbridge.com/en/news/295856401.md) - [CECO Environmental (CECO) Q2 Earnings Report Preview: What To Look For](https://longbridge.com/en/news/295312654.md) - [Nat-Gas Prices Slip on the Outlook for Robust US Storage](https://longbridge.com/en/news/295570561.md) - [Top Wall Street Forecasters Revamp CECO Environmental Expectations Ahead Of Q2 Earnings](https://longbridge.com/en/news/295379047.md)