Benchmark Reiterates Buy on Transocean, Maintains $12 Price Target
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Kurt Hallead has reiterated a 'Buy' rating on Transocean (NYSE:RIG) and maintained a $12 price target.
August 01, 2023 | 1:01 pm
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Benchmark analyst maintains a 'Buy' rating on Transocean with a $12 price target.
The reiteration of a 'Buy' rating by Benchmark analyst Kurt Hallead indicates a positive outlook for Transocean. The maintained price target of $12 suggests that the analyst believes the stock has potential for growth. This could positively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100