Citigroup Maintains Neutral on NexTier Oilfield, Raises Price Target to $11.3
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Neutral rating on NexTier Oilfield (NYSE:NEX) and raises the price target from $9.75 to $11.3.
July 18, 2023 | 4:09 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on NexTier Oilfield and raised the price target from $9.75 to $11.3.
The news is directly related to NexTier Oilfield. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at its current price. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100