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ProPetro Holding price target raised to $12 from $11 at Stifel

Stifel raised the firm’s price target on ProPetro Holding (PUMP) to $12 from $11 and keeps a Buy rating on the shares. The firm believes a high-quality pressure pumping fleet, combined with ProPetro’s growing presence in the Power Generation business, will lead to “about flat” 2025 results, followed by “solid 2026 growth,” the analyst tells investors in a post-earnings note.

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