Citigroup Maintains Sell on RPC, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a 'Sell' rating on RPC (NYSE:RES) and raises the price target from $7 to $8.
October 26, 2023 | 3:16 pm
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Citigroup maintains a 'Sell' rating on RPC and raises the price target from $7 to $8.
The 'Sell' rating maintained by Citigroup indicates a negative outlook for RPC. However, the increase in price target from $7 to $8 suggests that the analyst sees some potential for the stock's price to rise in the short term, despite the overall negative rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100