Stifel Initiates Coverage On Natural Gas Services Gr with Buy Rating, Announces Price Target of $18
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Selman Akyol has initiated coverage on Natural Gas Services Group (NYSE:NGS) with a Buy rating and set a price target of $18.
December 20, 2023 | 11:33 am
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Stifel analyst Selman Akyol has initiated coverage on Natural Gas Services Group with a Buy rating and a price target of $18, which could positively influence the stock's performance in the short term.
Analyst ratings, especially initiations of coverage with a Buy rating, can have a significant positive impact on a stock's price in the short term. The setting of a price target above the current market price typically indicates an expectation of growth and can lead to increased investor interest and confidence in the stock.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100