Roth/MKM Starts Coverage on North American Energy Partners With Buy Rating, $25 Target
Roth/MKM initiated coverage of North American Energy Partners (NOA) with a Buy rating and a $25.00 price target. The analyst house highlights a valuation discount tied to the company's legacy Canadian oil sands business and projects a material shift in revenue mix by 2026 as the company diversifies operations. Current market metrics show NOA tradin…