Susquehanna Reinstates Neutral on Noble Corp, Announces $52 Price Target
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino has reinstated coverage on Noble Corp (NYSE:NE) with a Neutral rating and set a price target of $52.

December 01, 2023 | 1:57 pm
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NEUTRAL IMPACT
Susquehanna analyst Charles Minervino reinstated Noble Corp with a Neutral rating and a price target of $52.
The reinstatement of coverage with a Neutral rating suggests that Susquehanna believes Noble Corp is fairly valued at its current price. The price target of $52 indicates a level where the analyst believes the stock should be trading, which may influence investor expectations but does not imply a significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100