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.
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IMPORTANCE 80
RELEVANCE 100