Raymond James Maintains Strong Buy on NexTier Oilfield, Lowers Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst James Rollyson maintains a Strong Buy rating on NexTier Oilfield (NYSE:NEX) but lowers the price target from $19 to $16.

June 23, 2023 | 11:51 am
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Raymond James maintains a Strong Buy rating on NexTier Oilfield (NYSE:NEX) but lowers the price target from $19 to $16.
The news of Raymond James maintaining a Strong Buy rating on NexTier Oilfield (NYSE:NEX) is positive for the stock, indicating that the analyst still believes in the company's potential. However, the lowering of the price target from $19 to $16 may cause some short-term uncertainty among investors, but overall, the Strong Buy rating should have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100