Where Patterson-UTI Energy Stands With Analysts
Portfolio Pulse from Benzinga Insights
Patterson-UTI Energy (NASDAQ:PTEN) has received 1 bullish, 4 somewhat bullish, and 2 indifferent analyst ratings in the last quarter. The average price target is $18.57, compared to the current price of $10.55, implying an upside potential.
May 19, 2023 | 7:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Patterson-UTI Energy has received mostly bullish and somewhat bullish analyst ratings, with an average price target of $18.57, indicating potential upside from the current price of $10.55.
The majority of analyst ratings for Patterson-UTI Energy are bullish or somewhat bullish, indicating a positive outlook for the stock. The average price target of $18.57 is significantly higher than the current price of $10.55, suggesting that analysts believe the stock has room to grow in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100