Information Provided By:
Fly News Breaks for March 12, 2019
LBRT
Mar 12, 2019 | 07:25 EDT
Barclays analyst J. David Anderson started Liberty Oilfield Services with an Overweight rating and $19 price target. The analyst believes the company is a premier pressure pumping operator that warrants a premium multiple.
News For LBRT From the Last 2 Days
LBRT
Apr 19, 2024 | 08:30 EDT
RBC Capital analyst Keith Mackey raised the firm's price target on Liberty Energy to $27 from $25 and keeps an Outperform rating on the shares. The company reported in-line EBITDA despite a "choppy" macro backdrop in Q1, and the firm remains "favorable" on the stock given Liberty's strong operational execution, improved industry dynamics through the second half of the year, strategic growth opportunities, and strong free cash flow fundamentals, the analyst tells investors in a research note.
LBRT
Apr 19, 2024 | 08:21 EDT
Wells Fargo analyst Roger Read raised the firm's price target on Liberty Energy to $26 from $24 and keeps an Overweight rating on the shares. The firm maintains a positive view based on Liberty's discounted valuation relative to peers, strong free cash flow outlook and cash returns, the analyst tells investors in a research note.
LBRT
Apr 19, 2024 | 05:20 EDT
Barclays raised the firm's price target on Liberty Energy to $27 from $25 and keeps an Overweight rating on the shares. Th analyst says investors reacted favorably to the company's outlook.
LBRT
Apr 17, 2024 | 16:33 EDT
Consensus $1.13B. "In the second quarter, we expect low double-digit sequential growth in revenue on stable pricing and increased efficiency and corresponding improvement in profitability. We continue to expect strong cash flow generation in 2024, supporting our technology transition investments and industry-leading return of capital program," continued Mr. Wright.