Jun. 3 at 11:12 PM
$PUMP ProPetro Holding price target raised to
$16 from
$15 at Goldman Sachs
Goldman Sachs analyst Ati Modak raised the firm's price target on ProPetro Holding to
$16 from
$15 and keeps a Neutral rating on the shares. The company significantly increased capacity for power deployment this earnings season, the analyst tells investors in a research note. The firm added that it views the increased capacity positively and expects ProPetro to be a meaningful player in this market at this stage.