Piper Sandler analyst Derek Podhaizer initiated coverage of Liberty Energy Inc. (NYSE:LBRT) with a “Neutral” rating and a price target of $14. Despite a challenging backdrop for US land, the company reported Q1 2025 revenue of $977 million and adjusted EBITDA of $168 million. Liberty Energy (LBRT) has seen improvements in fleet utilization, operational efficiencies, and asset lifespan. The company’s scale, integration, technology, and balance sheet position it well amidst market uncertainties. LBRT provides hydraulic fracturing services to onshore E&P firms. While LBRT shows potential as an investment, other AI stocks may offer greater upside with less downside risk.

Read more at Yahoo Finance: Piper Sandler Starts Coverage of Liberty Energy (LBRT) Stock With a Neutral Rating