Citigroup Maintains Neutral on ProPetro Holding, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Neutral rating on ProPetro Holding (NYSE:PUMP) and raises the price target from $9 to $10.
July 18, 2023 | 3:42 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on ProPetro Holding and raises the price target from $9 to $10.
The news is directly related to ProPetro Holding (PUMP). Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $9 to $10 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100