Liberty Energy to Benefit From New Power Generation Services Unit, Morgan Stanley Says
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Morgan Stanley reports that Liberty Energy is poised to benefit from its new power generation services unit, which is currently undervalued by investors. The firm highlights Liberty's competitive advantages, including its experience in mobile power generation and strong management. While the core completion services business may be at a low point, a recovery in gas demand is anticipated. Morgan Stanley upgraded Liberty's stock rating to overweight and increased the price target from $20 to $25, with shares rising 5.8% recently.
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