Analyst Ratings For Liberty Energy
Portfolio Pulse from Benzinga Insights
Liberty Energy (NYSE:LBRT) has seen varied analyst ratings over the past three months, with recent updates showing a positive trend in price target adjustments. Five analysts have provided ratings, with a shift towards more bullish perspectives in the last 30 days. The average 12-month price target has been raised to $25.6, reflecting a 7.56% increase from the previous target. Analysts from Barclays, Wells Fargo, B of A Securities, Morgan Stanley, and Piper Sandler have all raised their price targets, indicating optimism about Liberty Energy's performance. Despite facing revenue decline and market capitalization challenges, Liberty Energy's financial indicators such as net margin, ROE, and ROA remain strong, alongside a low debt-to-equity ratio.
April 19, 2024 | 3:00 pm
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POSITIVE IMPACT
Liberty Energy's stock is likely to experience positive short-term movement due to recent analyst upgrades and raised price targets, indicating a bullish outlook despite a revenue decline.
The positive shift in analyst ratings and increased price targets for LBRT suggest growing confidence in the company's performance. Despite a reported revenue decline, the company's strong net margin, ROE, ROA, and low debt-to-equity ratio contribute to a positive outlook. These factors are likely to influence investor sentiment and could lead to short-term stock price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100