Oceaneering International shares are trading higher after Citigroup maintained a Buy rating on the stock and raised its price target from $27 to $31.
Portfolio Pulse from Benzinga Newsdesk
Citigroup has maintained a Buy rating on Oceaneering International's stock and increased its price target from $27 to $31. This has led to a rise in Oceaneering International's shares.
September 25, 2023 | 4:20 pm
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Citigroup's maintained Buy rating and increased price target for Oceaneering International has led to a rise in the company's shares.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, Citigroup's decision to maintain a Buy rating and increase the price target for Oceaneering International has resulted in a positive impact on the company's shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100