Stifel Maintains Buy on Liberty Energy, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on Liberty Energy (NYSE:LBRT) but lowers the price target from $27 to $26.

October 11, 2024 | 2:34 pm
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NEUTRAL IMPACT
Stifel analyst Stephen Gengaro maintains a Buy rating on Liberty Energy but lowers the price target from $27 to $26, indicating a slight decrease in expected valuation.
The analyst's decision to maintain a Buy rating suggests continued confidence in Liberty Energy's performance, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100