Barclays Maintains Overweight on ProPetro Holding, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Derek Podhaizer maintains an Overweight rating on ProPetro Holding (PUMP) and raises the price target from $12 to $13.
May 06, 2024 | 4:09 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on ProPetro Holding and raises the price target from $12 to $13.
The upgrade in the price target by Barclays, a major financial institution, reflects a positive outlook on ProPetro Holding's future performance. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100