Goldman Sachs raised the firm’s price target on Liberty Energy (LBRT) to $26 from $20 and keeps a Neutral rating on the shares. The quick succession of power reservation agreements and the upsized expectations of about 3 GW deployment by 2029 together drive the firm’s increased confidence that Liberty Energy’s power solutions should continue to see traction with data center facility developers such as Vantage, the analyst tells investors in a research note.
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