RBC Capital Maintains Sector Perform on Patterson-UTI Energy, Raises Price Target to $19
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Keith Mackey maintains a Sector Perform rating on Patterson-UTI Energy (NASDAQ:PTEN) and raises the price target from $18 to $19.
June 16, 2023 | 12:30 pm
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RBC Capital maintains a Sector Perform rating on Patterson-UTI Energy and raises the price target from $18 to $19.
The news directly mentions Patterson-UTI Energy (PTEN) and the raised price target by RBC Capital. This positive adjustment in the price target could lead to a short-term increase in the stock price, as it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100