Piper Sandler Maintains Neutral Rating for KLX Energy Services Hldgs: Here's What You Need To Know


Piper Sandler has decided to maintain its Neutral rating of KLX Energy Services Hldgs KLXE and raise its price target from $13.50 to $14.50.

Shares of KLX Energy Services Hldgs are trading up 2.41% over the last 24 hours, at $11.90 per share.

A move to $14.50 would account for a 21.85% increase from the current share price.

About KLX Energy Services Hldgs

KLX Energy Services Holdings Inc is a provider of completion, intervention and production services and products to the onshore oil and gas producing regions of the United States. It serves the companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves. Its products and services offerings include surface facilities and equipment, pressure control services, wireline services, fishing services, and engineered products. The company's segments include Southwest; Rocky Mountains and Northeast/Mid-Con region.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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