RBC Capital lowered the firm’s price target on Liberty Energy (LBRT) to $16 from $19 and keeps a Sector Perform rating on the shares as part of a broader research note on Oil & Gas Equipment & Services. The stocks in the group have oversold in recent weeks as tariff and macro concerns have taken hold, though while the firm had previously anticipated a modest recovery into 2026, it now sees that scenario as less likely, the analyst tells investors in a research note. The firm adds that it is leaning relatively defensive toward stocks with backlog coverage, exposure to natural gas- directed activity, free cash flow differentiation, and limited balance sheet leverage.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LBRT:
- Liberty Oilfield Services: Strong Q1 Performance Amid Market Uncertainties, Hold Rating Maintained
- Closing Bell Movers: Alcoa slips 2% after Q1 revenue miss
- Liberty Energy sees Q2 sequential growth in revenue and profitability
- Liberty Energy reports Q1 adjusted EPS 4c, consensus 3c
- Liberty Oilfield Services options imply 8.0% move in share price post-earnings
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue