Susquehanna Maintains Positive on Patterson-UTI Energy, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Positive rating on Patterson-UTI Energy (NASDAQ:PTEN) but lowers the price target from $15 to $13.
June 02, 2023 | 12:18 pm
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Susquehanna analyst maintains Positive rating on PTEN but lowers price target from $15 to $13.
The news of Susquehanna maintaining a Positive rating on PTEN is a good sign for the company, but the lowering of the price target from $15 to $13 may create some uncertainty among investors. This mixed signal could result in a neutral short-term impact on PTEN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100