B of A Securities Maintains Buy on Helmerich & Payne, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Chase Mulvehill maintains a Buy rating on Helmerich & Payne (NYSE:HP) but lowers the price target from $42.5 to $40.

July 15, 2024 | 4:28 pm
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NEUTRAL IMPACT
B of A Securities analyst Chase Mulvehill maintains a Buy rating on Helmerich & Payne but lowers the price target from $42.5 to $40.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100