Stifel Maintains Buy on Liberty Energy, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on Liberty Energy (NYSE:LBRT) but lowers the price target from $26 to $25.
October 18, 2024 | 2:04 pm
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Stifel analyst Stephen Gengaro maintains a Buy rating on Liberty Energy but lowers the price target from $26 to $25, indicating a slight decrease in expected valuation.
The analyst's decision to maintain a Buy rating suggests continued confidence in Liberty Energy's prospects, 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