Susquehanna Maintains Neutral on Noble Corp, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino has maintained a Neutral rating on Noble Corp (NYSE:NE) while lowering the price target from $51 to $49.
May 08, 2024 | 12:42 pm
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NEGATIVE IMPACT
Susquehanna has maintained a Neutral rating on Noble Corp but reduced the price target from $51 to $49.
The reduction in price target by Susquehanna, a significant financial analysis firm, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Noble Corp's stock price. The Neutral rating indicates no change in the overall outlook, but the lowered price target suggests a revision of the expected stock performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100