New Fortress Energy shares are trading lower after Deutsche Bank maintained a Hold rating on the stock and lowered its price target from $33 to $26.
Portfolio Pulse from Benzinga Newsdesk
New Fortress Energy shares are trading lower after Deutsche Bank maintained a Hold rating on the stock and lowered its price target from $33 to $26.
July 23, 2024 | 7:41 pm
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New Fortress Energy shares are trading lower after Deutsche Bank maintained a Hold rating on the stock and lowered its price target from $33 to $26.
The downgrade in the price target from $33 to $26 by Deutsche Bank, along with the maintained Hold rating, suggests a negative outlook on New Fortress Energy's stock. This has led to a decline in the share price as investors react to the revised expectations.
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