ProFrac Holding shares surge 10.32% intraday as Morgan Stanley analyst raises price target to $5.

Tuesday, Mar 24, 2026 11:40 am ET1min read
ACDC--
ProFrac Holding surged 10.32% intraday, driven by Morgan Stanley analyst Joe Laetsch maintaining a sell rating while raising the target price from $4 to $5, and the company disclosing in its March 13, 2026 annual report that its core business focuses on hydraulic fracturing services for oil and gas field development solutions.

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