ProFrac Holding price target lowered to $6 from $7 at Stifel

Stifel lowered the firm’s price target on ProFrac Holding (ACDC) to $6 from $7 and keeps a Hold rating on the shares. Heading into 2025, the firm expects “more of the same” in the Oil Services world as well limited macro-catalysts for the stocks, the analyst tells investors.