Morgan Stanley Maintains Equal-Weight on Liberty Energy, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has maintained an Equal-Weight rating on Liberty Energy (NYSE:LBRT) and increased the price target from $23 to $24.
January 29, 2024 | 4:17 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Liberty Energy and raised the price target from $23 to $24, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive sentiment towards Liberty Energy's stock value in the short term. This could lead to increased investor confidence and a potential uptick in the stock price as the market adjusts to the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100