On June 2, 2025, Prairie Operating (PROP, Financial) received notable attention from Citigroup as the firm initiated coverage on the stock. Citigroup's analyst, Paul Diamond, assigned a "Buy" rating for the company, indicating positivity towards the stock's potential performance.
Alongside the "Buy" rating, Citigroup announced a price target for Prairie Operating (PROP, Financial) at $8.00 USD. This initiation reflects Citigroup's confidence in PROP's market opportunities and growth potential moving forward.
Citigroup's initiation and the corresponding price target provide significant signals to investors regarding Prairie Operating's (PROP, Financial) future prospects. The action could influence investor sentiment and trading volume for PROP in the upcoming sessions.
Investors interested in Prairie Operating (PROP, Financial) may want to consider Citigroup's analysis and projections as part of their investment decision-making process.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Prairie Operating Co (PROP, Financial) is $13.58 with a high estimate of $21.75 and a low estimate of $9.00. The average target implies an upside of 250.99% from the current price of $3.87. More detailed estimate data can be found on the Prairie Operating Co (PROP) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Prairie Operating Co's (PROP, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
