RBC Capital Maintains Sector Perform on Helmerich & Payne, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey maintains a Sector Perform rating on Helmerich & Payne (NYSE:HP) and raises the price target from $48 to $50.
July 26, 2024 | 1:49 pm
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RBC Capital has maintained its Sector Perform rating on Helmerich & Payne and increased the price target from $48 to $50.
The increase in the price target from $48 to $50 by RBC Capital suggests a positive outlook for Helmerich & Payne, which could lead to a short-term increase in the stock price. However, the Sector Perform rating indicates that the stock is expected to perform in line with the sector, which tempers the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100