Stifel analyst Stephen Gengaro lowered the firm’s price target on ProPetro Holding (PUMP) to $10 from $11 and keeps a Buy rating on the shares. Oil service stocks have underperformed the S&P 500 in 2025, and catalysts have been largely negative, the analyst tells investors in a research note. Entering Q2 earnings season, the firm believes shares will be range bound until estimates stop falling.
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