Analyst Ratings for ProFrac Holding
Portfolio Pulse from Benzinga Insights
ProFrac Holding (NASDAQ:ACDC) has received mostly bullish ratings from analysts in the last quarter, with an average price target of $18.6, a decrease of 17.7% from the previous average price target of $22.60. The ratings are based on research of company financial statements, conference calls, meetings, and insider information.
July 17, 2023 | 8:00 pm
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ProFrac Holding has received mostly bullish ratings from analysts, indicating a positive outlook for the stock. However, the decrease in the average price target could potentially impact the stock negatively.
Analyst ratings are a significant factor in influencing investor sentiment and stock price. The mostly bullish ratings for ProFrac Holding indicate a positive outlook. However, the decrease in the average price target from $22.60 to $18.6, a drop of 17.7%, could potentially have a negative impact on the stock as it suggests analysts are less optimistic about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100