RBC Capital Reiterates Outperform on Precision Drilling, Maintains C$122 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey reiterated an Outperform rating on Precision Drilling (TSX:PD) and maintained a C$122 price target. This reaffirms the positive outlook RBC Capital has on Precision Drilling's future performance.
February 07, 2024 | 5:37 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Precision Drilling with a C$122 price target, indicating a positive outlook on the company's performance.
The reiteration of an Outperform rating and the maintenance of a C$122 price target by a reputable analyst like Keith Mackey from RBC Capital suggests a strong confidence in Precision Drilling's future performance. This positive outlook is likely to influence investor sentiment positively in the short term, potentially leading to an increase in stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90