B of A Securities Maintains Neutral on ProFrac Holding, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on ProFrac Holding (NASDAQ:ACDC) but has lowered the price target from $9.5 to $8.5.
July 15, 2024 | 4:23 pm
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on ProFrac Holding (NASDAQ:ACDC) and lowered the price target from $9.5 to $8.5.
The lowered price target from $9.5 to $8.5 by B of A Securities suggests a less optimistic outlook for ProFrac Holding, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100