Goldman Sachs raised the firm’s price target on Liberty Energy (LBRT) to $18 from $11 and keeps a Neutral rating on the shares. Improved visibility into power segment funding and long-term contracts has strengthened confidence in revenue sustainability, though contract timing remains a key catalyst, the analyst tells investors in a research note. With leverage levels more manageable under 15-year agreements and solid EBITDA potential per GW, the firm’s analysis supports a target price of $18 per share and equity value of $19-$24 by 2028.
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