Barclays Maintains Equal-Weight on New Fortress Energy, Lowers Price Target to $32
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Marc Solecitto has maintained an Equal-Weight rating on New Fortress Energy (NASDAQ:NFE) and lowered the price target from $34 to $32.
July 31, 2023 | 10:49 am
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NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on New Fortress Energy and lowered the price target from $34 to $32.
The lowering of the price target by Barclays from $34 to $32 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100