14 Analysts Have This to Say About Patterson-UTI Energy
Portfolio Pulse from Benzinga Insights
14 analysts have provided ratings for Patterson-UTI Energy (NASDAQ:PTEN) in the last quarter. The average price target is $17.0, implying an upside from the current price of $15.5. This average has decreased by 6.49% from the previous average price target of $18.18.
July 27, 2023 | 8:01 pm
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POSITIVE IMPACT
Analysts have provided a bullish outlook for Patterson-UTI Energy (NASDAQ:PTEN) with an average price target of $17.0, indicating potential upside from the current price. However, the average target has decreased by 6.49% from the previous target.
The bullish outlook from analysts indicates a positive sentiment towards Patterson-UTI Energy. The average price target of $17.0 suggests potential upside from the current price. However, the decrease in the average target could indicate a slight decrease in confidence about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100