Barclays Maintains Equal-Weight on New Fortress Energy, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Equal-Weight rating on New Fortress Energy (NASDAQ:NFE) but lowers the price target from $27 to $19.
August 05, 2024 | 11:03 pm
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Barclays analyst Theresa Chen maintains an Equal-Weight rating on New Fortress Energy but lowers the price target from $27 to $19.
The lowered price target from $27 to $19 by Barclays suggests a less optimistic outlook for New Fortress Energy, which could negatively impact investor sentiment and the stock price in the short term.
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