Benchmark Reiterates Buy on Transocean, Maintains $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Kurt Hallead has reiterated a 'Buy' rating on Transocean (NYSE:RIG) and maintained a price target of $12.
September 15, 2023 | 12:17 pm
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Benchmark analyst maintains a 'Buy' rating on Transocean (NYSE:RIG) with a $12 price target.
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