Wells Fargo Maintains Overweight on Liberty Energy, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Overweight rating on Liberty Energy (NYSE:LBRT) but lowered the price target from $24 to $21.

June 30, 2023 | 12:39 pm
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Wells Fargo has maintained an Overweight rating on Liberty Energy but lowered the price target from $24 to $21.
The news is directly related to Liberty Energy as Wells Fargo has maintained an Overweight rating on the company but lowered the price target. This could indicate a potential decrease in the stock's value in the short term, but the Overweight rating suggests that the company is still expected to outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100