Stifel Maintains Buy on NexTier Oilfield, Lowers Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Stephen Gengaro has maintained a 'Buy' rating on NexTier Oilfield (NYSE:NEX) but lowered the price target from $18 to $16.
July 12, 2023 | 2:54 pm
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Stifel analyst Stephen Gengaro has maintained a 'Buy' rating on NexTier Oilfield but lowered the price target from $18 to $16.
The news is directly related to NexTier Oilfield. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential slowdown in growth or a perceived overvaluation, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100