Bank of America initiates Buy rating for ProPetro with $18 price target, citing cyclical and secular growth opportunities.

Monday, Mar 30, 2026 2:54 pm ET1min read
PUMP--

ProPetro (PUMP) received a Buy rating and $18 price target from Bank of America, citing the company's "sweet spot" with cyclical upside in completions in 2027 and beyond, as well as an inflection in secular power growth. The stock remains relatively unchanged in Monday's trading.

Bank of America initiates Buy rating for ProPetro with $18 price target, citing cyclical and secular growth opportunities.

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