TD Cowen raised the firm’s price target on Liberty Energy (LBRT) to $13 from $10 and keeps a Hold rating on the shares. The firm noted they reported an upside 1Q and guided to sequential improvement in 2Q and surprisingly, the company has yet to see any indication of customer plans to slow activity on the back of weaker oil prices and macro uncertainty.
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Read More on LBRT:
- Cautious Optimism for Liberty Oilfield Services Amid Positive Q1 Results and Future Challenges
- Liberty Energy Reports Strong Q1 2025 Results
- Liberty Energy’s Stock (LBRT) Surges as Strategic Initiatives Drive Revenue Growth
- Liberty Oilfield Services Inc. Earnings Call Highlights
- Liberty Energy rises 11.1%
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