Stifel Maintains Buy on Cactus, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on Cactus (NYSE:WHD) but lowers the price target from $69 to $67.
October 11, 2024 | 2:26 pm
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Stifel analyst Stephen Gengaro maintains a Buy rating on Cactus but lowers the price target from $69 to $67, indicating a slight adjustment in expected valuation.
The Buy rating suggests continued confidence in Cactus's performance, but the lowered price target indicates a slight reduction in expected valuation. This could lead to neutral short-term price movement as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100