Stifel lowered the firm’s price target on Liberty Energy (LBRT) to $25 from $26 and keeps a Buy rating on the shares following “lackluster” Q4 guidance and commentary around price headwinds. However, after a Q4 seasonal lull, the firm expects improving results in the first half of 2025, the analyst tells investors.
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 price target lowered to $21 from $24 at Barclays
- Liberty Energy downgraded to Neutral from Buy at Citi
- Uber said to consider Expedia bid, CSX posts Q3 miss: Morning Buzz
- Closing Bell Movers: Alcoa up 6%, Steel Dynamics up 3% after Q3 results
- Liberty Energy reports Q3 EPS 44c, consensus 58c
