Energy Solutions Adapts To Stay Competitive

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In a research report published by Sterne Agee this morning on EnergySolutions, Inc.
ES
the company's adaptation is discussed. ES is pursuing tier 1 contracts but doing so as minority interest holders with larger industry players. According to Sterne Agee, "ES rarely bids on government contracts as the lead Tier 1 player and in the future, ES will concentrate on Tier 2 work." ES is also streamlining their International and Commercial groups into one Commercial customer group. Sterne Agee reiterated their Buy rating and ES is currently trading at $4.87.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsEnergySolutionsEnvironmental & Facilities ServicesInc.IndustrialsSterne Agee
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