Barclays lowered the firm’s price target on ProPetro Holding (PUMP) to $11 from $12 and keeps an Overweight rating on the shares. The company guided to flattish 2025 activity in frac while announcing a buildout to 150-200MW by early 2026, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PUMP: