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ProPetro Holding price target raised to $6 from $5 at Citi

Citi raised the firm’s price target on ProPetro Holding (PUMP) to $6 from $5 and keeps a Neutral rating on the shares as part of a Q3 preview for the oil and gas equipment and services sector. The firm sees momentum for the sector and believes Saudi activity could move higher in the first half of 2026 followed by deepwater growth in the second half of next year.

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