Citigroup maintains Buy on Cactus, raises price target to $67
Citigroup analyst Scott Gruber maintains a Buy rating on Cactus (NYSE: WHD) and raises the price target to $67 from $65, signaling continued confidence in the stock.

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Citigroup analyst Scott Gruber has maintained a Buy rating on Cactus (NYSE: WHD) and raised the price target to $67 from $65. The adjustment reflects a revised outlook on the company's stock performance.
Rating and Price Target Details
The analyst's recommendation keeps Cactus in the Buy category, indicating confidence in the stock's potential upside. The new price target of $67 represents an increase from the previous target of $65.
| Metric | Value |
|---|---|
| Rating | Buy |
| Previous Price Target | $65 |
| New Price Target | $67 |
What specific factors drove the modest increase in the price target?
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