Susquehanna Maintains Neutral on Transocean, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino has maintained a Neutral rating on Transocean (NYSE:RIG) and lowered the price target from $9 to $7.5.
November 01, 2023 | 4:26 pm
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Susquehanna has maintained a Neutral rating on Transocean and lowered the price target from $9 to $7.5.
The lowering of the price target by Susquehanna indicates a less optimistic outlook for Transocean's stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100