Stifel Maintains Buy on New Fortress Energy, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan maintains a 'Buy' rating on New Fortress Energy (NASDAQ:NFE) but lowers the price target from $44 to $40.
September 29, 2023 | 2:29 pm
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NEUTRAL IMPACT
Stifel analyst maintains a 'Buy' rating on New Fortress Energy but lowers the price target from $44 to $40.
The news is directly related to New Fortress Energy (NFE). While the 'Buy' rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100