Barclays Maintains Underweight on Dril-Quip, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson maintains an Underweight rating on Dril-Quip (NYSE:DRQ) and raises the price target from $25 to $26.

August 04, 2023 | 12:52 pm
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Barclays maintains an Underweight rating on Dril-Quip but raises the price target from $25 to $26.
The news is directly about Dril-Quip. Barclays' decision to maintain an Underweight rating suggests they believe the stock is overvalued or there are better opportunities elsewhere. However, the increase in price target from $25 to $26 indicates a slightly more positive outlook. The impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100