Citigroup Maintains Neutral on ProPetro Holding, Lowers Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Scott Gruber maintains a Neutral rating on ProPetro Holding (NYSE:PUMP) and lowers the price target from $10 to $9.
June 22, 2023 | 2:02 pm
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Citigroup maintains a Neutral rating on ProPetro Holding (NYSE:PUMP) and lowers the price target from $10 to $9.
Citigroup's lowered price target for ProPetro Holding may cause short-term uncertainty among investors, but the Neutral rating suggests that the stock's overall outlook remains unchanged. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100