Stifel Maintains Buy on ProFrac Holding, Lowers Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Stephen Gengaro has maintained a 'Buy' rating on ProFrac Holding (NASDAQ:ACDC) but lowered the price target from $22 to $18.
July 12, 2023 | 2:55 pm
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NEUTRAL IMPACT
Stifel analyst has maintained a 'Buy' rating on ProFrac Holding but lowered the price target from $22 to $18.
The news is directly about ProFrac Holding. The maintained 'Buy' rating indicates continued confidence in the company's performance, which could be positive for the stock. However, the lowered price target might indicate a potential downside, making the overall impact neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100