Barclays Maintains Overweight on Helmerich & Payne, Lowers Price Target to $44
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst David Anderson maintains an Overweight rating on Helmerich & Payne (NYSE:HP) but lowers the price target from $52 to $44.

June 08, 2023 | 1:29 pm
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Barclays maintains an Overweight rating on Helmerich & Payne (NYSE:HP) and lowers the price target from $52 to $44.
The news of Barclays maintaining an Overweight rating on Helmerich & Payne indicates a positive outlook for the company. However, the lowering of the price target from $52 to $44 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100