Barclays Initiates Coverage On NET Power with Equal-Weight Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Betty Jiang has initiated coverage on NET Power (NYSE:NPWR) with an Equal-Weight rating and set a price target of $13.

April 10, 2024 | 1:59 pm
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NEUTRAL IMPACT
Barclays initiated coverage on NET Power with an Equal-Weight rating and a price target of $13.
The initiation of coverage by Barclays with an Equal-Weight rating and a specific price target provides investors with a new professional analysis to consider. However, the Equal-Weight rating suggests that Barclays views NPWR's stock as fairly valued at its current price, implying a neutral short-term price movement expectation. The price target of $13 offers a benchmark for future performance evaluation but does not strongly suggest significant upside or downside, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100