RBC Capital Maintains Outperform on Liberty Energy, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey maintains an Outperform rating on Liberty Energy (NYSE:LBRT) but lowers the price target from $26 to $23.

October 18, 2024 | 1:38 pm
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RBC Capital has maintained its Outperform rating on Liberty Energy but has lowered the price target from $26 to $23, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Liberty Energy's performance, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company-specific factors. This could lead to a short-term negative impact on the stock price as investors adjust expectations.
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