Barclays Maintains Overweight on Valaris, Lowers Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eddie Kim maintains an Overweight rating on Valaris (NYSE:VAL) but lowers the price target from $98 to $91.
August 09, 2024 | 1:47 pm
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Barclays analyst Eddie Kim maintains an Overweight rating on Valaris but lowers the price target from $98 to $91.
The Overweight rating suggests a positive outlook, 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