Citigroup Maintains Neutral on Helmerich & Payne, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Neutral rating on Helmerich & Payne (NYSE:HP) and raises the price target from $33 to $38.

July 18, 2023 | 4:24 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Helmerich & Payne, but raises the price target from $33 to $38, indicating a potential upside.
The news is directly about Helmerich & Payne. While the Neutral rating suggests that Citigroup does not expect significant price movement, the raised price target indicates a potential upside. However, as the rating remains Neutral, the short-term impact on the stock price is likely to be neutral as well.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100