B. Riley raised the firm’s price target on Titan Machinery (TITN) to $19 from $15 and keeps a Neutral rating on the shares following a transfer of coverage. Riley expects “several underlying drivers” to create positive momentum in the diversified industrial sector, namely “rapidly increasing” demand for high-powered artificial intelligence data centers, funding from federal
Key Takeaways Greenbacker continued to execute on project build-out, bringing online 211 MW of pre-operating assets and increasing its revenue-generating operating fleet by 15%, year-over-year. Total operating revenue of $58 million represented a 14% year-over-year increase, primarily driven by a 20% increase in clean power generation from the Company’s operating assets, which produced 916,000 MWh
Key Takeaways Greenbacker converted 209 MW of pre-operating fleet into operational, revenue-generating assets, a year-over-year increase of 15%, boosting total operating capacity to 1.6 GW. Company plans to build out revenue-generating operating fleet, reaching 3.2 GW by end of 2027. $437 million financing completed; portfolio represents Greenbacker’s first major sale-leaseback financing and is among industry’s