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Evercore ISI Believes Nextier Oilfield Solutions (NEX) Won’t Stop Here

In a report issued on March 4, James West from Evercore ISI maintained a Buy rating on Nextier Oilfield Solutions (NEXResearch Report), with a price target of $9.00. The company’s shares closed last Friday at $8.28, close to its 52-week high of $8.50.

According to TipRanks.com, West is ranked 0 out of 5 stars with an average return of -16.5% and a 37.0% success rate. West covers the Industrial Goods sector, focusing on stocks such as Liberty Oilfield Services, Eos Energy Enterprises, and Baker Hughes Company.

Nextier Oilfield Solutions has an analyst consensus of Strong Buy, with a price target consensus of $8.50, which is a 2.2% upside from current levels. In a report issued on February 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $8.00 price target.

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Nextier Oilfield Solutions’ market cap is currently $2.02B and has a P/E ratio of -14.99.

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NexTier Oilfield Solutions, Inc.is an oilfield service company. It offers completion solutions, hydraulic fracturing, wire line, pump down, coiled tubing, cementing, rig services, special services, and fluids management services. The company was founded in October 13, 2016 and is headquartered in Houston, TX.

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