Goldman Sachs lowered the firm’s price target on Liberty Energy (LBRT) to $19 from $22 and keeps a Neutral rating on the shares following a transfer of coverage. The firm introduced a new framework to inform its stock picks in traditional oilfield services “as a recognition that the sector is out of favor in 2025 with little activity change potential,” which results in a need for companies to compete for investor capital.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LBRT:
- Liberty Energy upgraded to Outperform from Sector Perform at ATB Capital
- Liberty Oilfield Services Announces Leadership Changes Amid Transition
- How Trump’s Latest Appointment Could Alter the U.S. Energy Sector
- Oklo rises after board member Wright tapped to lead Trump’s DOE
- Spirit enters into bankruptcy proceedings, CVS names new directors: Morning Buzz