Cactus price target raised to $68 from $61 at Stifel
The Fly

Cactus price target raised to $68 from $61 at Stifel

Stifel raised the firm’s price target on Cactus to $68 from $61 and keeps a Buy rating on the shares after the company delivered “solid” Q2 results. The firm, which expects solid second half profitability and growth in 2024, is bumping up estimates based on better-than-expected FlexSteel margins, the analyst tells investors.

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