Stifel Maintains Buy on ProPetro Holding, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on ProPetro Holding (NYSE:PUMP) but lowers the price target from $13 to $12.
July 16, 2024 | 12:15 pm
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Stifel analyst Stephen Gengaro maintains a Buy rating on ProPetro Holding but lowers the price target from $13 to $12.
The maintained Buy rating suggests continued confidence in ProPetro Holding's performance, but the lowered price target indicates some caution regarding its short-term potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100