Stifel Initiates Coverage On Patterson-UTI Energy with Buy Rating, Announces Price Target of $19
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro has initiated coverage on Patterson-UTI Energy (NASDAQ:PTEN) with a Buy rating and a price target of $19.
September 05, 2023 | 10:07 am
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POSITIVE IMPACT
Patterson-UTI Energy has been initiated with a Buy rating by Stifel with a price target of $19.
The initiation of coverage by Stifel with a Buy rating and a price target of $19 indicates a positive outlook for Patterson-UTI Energy. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100