Apr. 9 at 10:37 AM
$PUMP ProPetro Holding price target raised to
$14 from
$12 at Barclays
Barclays raised the firm's price target on ProPetro Holding to
$14 from
$12 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the energy services group as a part of a Q1 earnings preview. Looking past Middle East disruptions, structurally higher oil prices and a focus on energy security "set up a potential earnings revision cycle," the analyst tells investors in a research note.