Barclays raised the firm’s price target on Liberty Energy (LBRT) to $14 from $12 and keeps an Equal Weight rating on the shares. The company’s “soft” results in completions in Q3 were outweighed by the announcement of 600MW of additional power generation capacity to be delivered by year-end 2027, the analyst tells investors in a research note. However, Barclays believes Liberty shares now fully reflect upside from the full 1GW.
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