RBC Capital Maintains Outperform on Precision Drilling, Raises Price Target to C$125
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey has maintained an 'Outperform' rating on Precision Drilling (TSX:PD) and raised the price target from C$118 to C$125.
September 13, 2023 | 12:50 pm
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RBC Capital has maintained an 'Outperform' rating on Precision Drilling and raised the price target, which could lead to a positive market reaction.
Analyst ratings and price targets can significantly influence the market perception of a stock. In this case, the 'Outperform' rating maintained by RBC Capital and the raised price target for Precision Drilling suggest a positive outlook for the company, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100