Cactus shares are trading higher after Barclays upgraded the stock from Equal-Weight to Overweight.
Portfolio Pulse from Benzinga Newsdesk
Barclays has upgraded Cactus Inc. from Equal-Weight to Overweight, leading to a rise in the company's stock price.

October 17, 2023 | 2:30 pm
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Cactus Inc.'s stock price is expected to rise in the short term due to Barclays' upgrade from Equal-Weight to Overweight.
Barclays' upgrade of Cactus Inc. from Equal-Weight to Overweight indicates a positive outlook for the company's stock. This is likely to attract investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
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