Piper Sandler Maintains Overweight on Liberty Energy, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Luke Lemoine has maintained an Overweight rating on Liberty Energy (NYSE:LBRT) and increased the price target from $27 to $28. This suggests a positive outlook on the stock's future performance.
January 26, 2024 | 6:56 pm
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POSITIVE IMPACT
Liberty Energy's stock may see a positive short term impact due to Piper Sandler's maintained Overweight rating and increased price target from $27 to $28.
Analyst ratings and price target adjustments are significant indicators for investors. Piper Sandler's decision to maintain an Overweight rating and raise the price target for Liberty Energy is a strong vote of confidence in the company's prospects, likely leading to increased investor interest and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100