Core Viewpoint - Piper Sandler has raised the price target for ProPetro Holding (PUMP) to $17 from $16 while maintaining an Overweight rating on the shares, indicating a positive outlook for the company amid favorable market conditions [1] Group 1: Price Target and Rating - The price target for ProPetro Holding has been increased to $17 from $16 [1] - Piper Sandler maintains an Overweight rating on ProPetro shares, suggesting confidence in the stock's performance [1] Group 2: Market Conditions - The news regarding Venezuela and the potential return of oil and gas (O&G) activity has positively impacted stocks in the sector [1] - Despite recent outperformance potentially causing positioning pressure in the near term, the firm remains optimistic about the overall setup for the year [1] Group 3: Future Outlook - For Q4 2025, the firm favors U.S. Land completion names due to better-than-expected seasonality and the Saudi return-to-work theme [1] - Caution is advised regarding Offshore Drilling and Completion (D&C) due to existing white space in that segment [1]