CIBC Capital Markets raised its price target on Enerflex (EFX.TO, EFXT) to $30 from $27.50.

Analyst Jamie Kubik maintained a neutral rating on shares of the company following the announcement of its 450 megawatt data center award.

"In our view, the size of the contract was better than expected, suggesting healthy demand for behind-the-meter solutions, and potentially expanding the total addressable market available to Enerflex," Kubik said in a note to clients.

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