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
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100