Stifel Maintains Buy on Liberty Energy, Lowers Price Target to $26
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Stephen Gengaro has maintained a 'Buy' rating on Liberty Energy (NYSE:LBRT) but lowered the price target from $28 to $26.
July 12, 2023 | 2:52 pm
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Stifel analyst has maintained a 'Buy' rating on Liberty Energy but lowered the price target from $28 to $26.
The news is directly related to Liberty Energy. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slower growth expectation. However, the impact on the stock price is uncertain in the short term as it depends on how investors interpret this news.
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