Citigroup Boosts Select Water Solutions Price Target to $16.50

Analysts raise price target on water management services provider

Feb. 26, 2026 at 9:03pm

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Citigroup analysts have increased their price target on shares of Select Water Solutions (NYSE:WTTR) from $15.00 to $16.50, maintaining a "buy" rating on the stock. The new price target suggests a potential upside of 19.19% from the company's current trading price.

Why it matters

The price target increase by a major investment bank like Citigroup indicates growing confidence in Select Water Solutions' business prospects and growth potential within the water management services industry, particularly in key oil and gas basins where the company operates.

The details

In their research note, Citigroup analysts cited Select Water Solutions' strong performance and expansion across key U.S. basins like the Permian, Eagle Ford, Marcellus and DJ Basin. The company's offerings spanning the full water lifecycle, from produced water gathering and transportation to advanced treatment and beneficial reuse, were also noted as factors contributing to the increased price target.

  • Citigroup issued the updated price target and research note on Thursday, February 26, 2026.

The players

Select Water Solutions

A water management services provider primarily serving the oil and gas industry, headquartered in Houston, Texas.

Citigroup

A major global investment bank and financial services corporation.

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The takeaway

The price target increase by Citigroup reflects growing investor confidence in Select Water Solutions' ability to capitalize on the water management needs of the oil and gas industry, particularly in key U.S. basins where the company has established a strong presence and service offering.