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 price target of $12.
August 04, 2023 | 11:27 am
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Benchmark analyst has reiterated a 'Buy' rating on Transocean and maintained a price target of $12.
The reiteration of a 'Buy' rating by a Benchmark analyst and the maintenance of a $12 price target indicates a positive outlook for Transocean. This could potentially lead to an increase in investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100