Piper Sandler raised the firm’s price target on Liberty Energy to $28 from $27 and keeps an Overweight rating on the shares. The multiple remains very compelling for a company that can outperform industry trends plus likely deliver longer-term growth, the analyst tells investors in a research note.
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Read More on LBRT:
- Liberty Energy sees Q1 revenue ‘flattish’ sequentially, consensus $1.13B
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- Liberty Energy price target raised to $27 from $26 at Piper Sandler
