RBC Capital Maintains Outperform on Precision Drilling, Raises Price Target to C$125
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey maintains an Outperform rating on Precision Drilling (TSX:PD) and raises the price target from C$122 to C$125.
August 01, 2024 | 2:51 pm
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RBC Capital has maintained its Outperform rating on Precision Drilling and increased the price target from C$122 to C$125, indicating confidence in the company's future performance.
The increase in the price target from C$122 to C$125 by RBC Capital suggests a positive outlook for Precision Drilling. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100