Liberty Energy (LBRT) Raises Quarterly Dividend 14.3% to $0.08; 1.6% Yield
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Liberty Oilfield Services (LBRT) PT Lowered to $24 at Evercore ISI
October 17, 2024 3:06 PM EDTEvercore ISI analyst James West lowered the price target on Liberty Oilfield Services (NYSE: LBRT) to $24.00 (from $27.00) while maintaining a Outperform rating.
The analyst comments "Strategic Position in a Weak(ish) Environment. The softer-thanexpected activity outlook for the end of the year reflects the challenging demand environment that Liberty and several other companies in the industry are experiencing in 2H24. The company stated it estimates low double-digit percentage reduction in 4Q activity and... More
Seaport Global Securities Reiterates Neutral Rating on Liberty Oilfield Services (LBRT)
October 17, 2024 6:48 AM EDTSeaport Global Securities analyst Tom Curran reiterated a Neutral rating on Liberty Oilfield Services (NYSE: LBRT).
The analyst comments "LBRT reported a 5% adj. EBITDA shortfall for 3Q24 versus consensus and shared a net bearish update on current dynamics and the 2025 outlook for the... More
