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Expro Group Stock Soars 11.76% on Wells Fargo's Bullish Rating
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, May 27, 2025 9:28 am ET1min read
On May 27, 2025, Expro Group's stock surged by 11.76% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.
Wells Fargo has initiated coverage on
with an Overweight rating and a price target of $12.00. This move by is seen as a bullish signal for , as the firm anticipates several positive catalysts in the near future. The rating reflects the firm's confidence in Expro Group's revenue generation capabilities, with 80% of its revenue coming from its core operations.Analyst Roger Read from Wells Fargo has been particularly optimistic about Expro Group, initiating coverage with an Overweight rating. This positive outlook is based on the company's strong financial performance and its strategic position in the energy sector. The firm's decision to set a price target of $12.00 further underscores its bullish stance on the stock.
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