Piper Sandler Maintains Neutral on Ranger Energy Services, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Luke Lemoine maintains a Neutral rating on Ranger Energy Services (NYSE:RNGR) and lowers the price target from $13 to $12.

July 15, 2024 | 11:44 am
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Piper Sandler analyst Luke Lemoine maintains a Neutral rating on Ranger Energy Services and lowers the price target from $13 to $12.
The lowered price target from $13 to $12 suggests a less optimistic outlook for Ranger Energy Services, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may still influence investor sentiment negatively.
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