Barclays Maintains Overweight on Patterson-UTI Energy, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Derek Podhaizer maintains an Overweight rating on Patterson-UTI Energy (NASDAQ:PTEN) but lowers the price target from $15 to $14.
August 16, 2024 | 12:28 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Barclays analyst Derek Podhaizer maintains an Overweight rating on Patterson-UTI Energy but lowers the price target from $15 to $14.
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 PTEN's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100