Stifel Maintains Buy on New Fortress Energy, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan has maintained a Buy rating on New Fortress Energy (NASDAQ:NFE) and increased the price target from $40 to $46.
November 13, 2023 | 3:26 pm
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POSITIVE IMPACT
Stifel analyst Benjamin Nolan reaffirms a Buy rating on New Fortress Energy and raises the price target to $46, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100