Key facts
- Raymond James initiated coverage of Atlas Energy.
- Atlas Energy received a Strong Buy rating from Raymond James.
- A price target of $22 was set for Atlas Energy.
- The positive rating is based on the company's distributed power growth outlook.
Raymond James analyst Stephen Byrd initiated coverage of Atlas Energy with a Strong Buy rating and a $22 price target. Byrd cited the company's distributed power growth outlook as a key factor in the upgrade.