Citigroup Maintains Neutral on Liberty Energy, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber has maintained a Neutral rating on Liberty Energy (NYSE:LBRT) and reduced the price target from $22 to $20.
December 14, 2023 | 7:37 pm
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Citigroup has maintained a Neutral rating on Liberty Energy and lowered the price target from $22 to $20.
The reduction in price target by Citigroup could lead to a negative perception among investors, potentially causing a short-term decline in LBRT's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100