National Energy Services price target raised to $34 from $25 at Barclays

Barclays raised the firm’s price target on National Energy Services (NESR) to $34 from $25 and keeps an Overweight rating on the shares. The company’s Q4 came in ahead of expectations with a “clean beat,” driven by the early Jafurah ramp and “resilient” margins, the analyst tells investors in a research note. The firm says a “strong setup” for National Energy’s 2026 as Jafurah scales.