Liberty Energy price target raised to $18 from $11 at Goldman Sachs – TipRanks

Goldman Sachs raised the firm’s price target on Liberty Energy (LBRT) to $18 from $11 and keeps a Neutral rating on the shares. Improved visibility into power segment funding and long-term contracts has strengthened confidence in revenue sustainability, though contract timing remains a key catalyst, the analyst tells investors in a research note. With leverage levels more manageable under 15-year agreements and solid EBITDA potential per GW, the firm’s analysis supports a target price of $18 per share and equity value of $19-$24 by 2028.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Disclaimer & DisclosureReport an Issue