Piper Sandler Maintains Neutral on Transocean, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ian Macpherson maintains a Neutral rating on Transocean (NYSE:RIG) and lowers the price target from $7 to $6.
March 11, 2024 | 12:30 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Transocean and lowers the price target from $7 to $6.
The reduction in price target by Piper Sandler suggests a less optimistic outlook on Transocean's stock performance in the short term, potentially leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100