Stifel Maintains Buy on New Fortress Energy, Raises Price Target to $46-Report released on 12th Nov 2023
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 | 3:40 pm
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POSITIVE IMPACT
Stifel analyst Benjamin Nolan reaffirmed a Buy rating on New Fortress Energy and raised the price target to $46, indicating a positive outlook for the company.
The increase in price target by Stifel reflects a positive assessment of New Fortress Energy's prospects, likely leading to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100