Susquehanna Reiterates Positive on Patterson-UTI Energy, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino has reiterated a positive rating on Patterson-UTI Energy (NASDAQ:PTEN) and maintained a price target of $18.
September 06, 2023 | 12:36 pm
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POSITIVE IMPACT
Patterson-UTI Energy's stock rating has been reiterated as positive by Susquehanna, with a maintained price target of $18.
The reiteration of a positive rating by a reputable analyst like Charles Minervino from Susquehanna is a strong endorsement for Patterson-UTI Energy. The maintained price target of $18 also indicates a positive outlook for the company's stock in the short term. This could potentially lead to an increase in investor confidence and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100