Piper Sandler Maintains Overweight on Precision Drilling, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Luke Lemoine maintains an Overweight rating on Precision Drilling (NYSE:PDS) but lowers the price target from $101 to $95.
July 15, 2024 | 11:40 am
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Precision Drilling but lowers the price target from $101 to $95.
The Overweight rating suggests continued confidence in Precision Drilling's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100