Citigroup Maintains Neutral on Solaris Oilfield Infra, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber has maintained a Neutral rating on Solaris Oilfield Infra (NYSE:SOI) and raised the price target from $9 to $11.

August 16, 2023 | 3:25 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Solaris Oilfield Infra and raised the price target from $9 to $11.
The news is directly about Solaris Oilfield Infra (SOI). 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 $11 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100