Wells Fargo Maintains Overweight on Liberty Energy, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Overweight rating on Liberty Energy (NYSE:LBRT) and increased the price target from $24 to $26.
April 19, 2024 | 2:06 pm
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Wells Fargo analyst Roger Read has reaffirmed an Overweight rating on Liberty Energy and raised the price target from $24 to $26.
The increase in the price target by a reputable analyst like Roger Read suggests a positive outlook on Liberty Energy's stock performance. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term.
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