Piper Sandler Maintains Overweight on Precision Drilling, Raises Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Luke Lemoine has maintained an Overweight rating on Precision Drilling (NYSE:PDS) and increased the price target from $81 to $101.
May 06, 2024 | 1:04 pm
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Piper Sandler maintains an Overweight rating on Precision Drilling and raises the price target from $81 to $101.
The increase in the price target by Piper Sandler suggests a positive outlook on the stock's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100