Susquehanna Maintains Positive on Helmerich & Payne, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Positive rating on Helmerich & Payne (NYSE:HP) but lowers the price target from $52 to $50.

April 26, 2024 | 2:04 pm
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Susquehanna maintains a Positive rating on Helmerich & Payne but lowers the price target from $52 to $50.
The adjustment in price target by Susquehanna reflects a slight change in valuation expectation for Helmerich & Payne, though the Positive rating indicates continued confidence in the company's performance. This could lead to mixed reactions in the short term, as the market digests the lower price target against the backdrop of sustained analyst confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100