Susquehanna Maintains Neutral on RPC, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Neutral rating on RPC (NYSE:RES) and lowers the price target from $8 to $7.

April 26, 2024 | 2:11 pm
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Susquehanna maintains a Neutral rating on RPC, Inc. and lowers the price target from $8 to $7.
The reduction in price target by Susquehanna reflects a negative outlook on the stock's short-term price movement, likely due to anticipated challenges or underperformance relative to the market. As price targets often influence investor perception and can impact stock price, this adjustment is significant for short-term investors.
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IMPORTANCE 80
RELEVANCE 100