Citigroup Maintains Buy on Noble Corp, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Nikhil Gupta maintains a Buy rating on Noble Corp (NYSE:NE) but lowers the price target from $63 to $45.
September 12, 2024 | 6:27 pm
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Citigroup's analyst Nikhil Gupta maintains a Buy rating on Noble Corp but reduces the price target from $63 to $45, indicating a more conservative outlook.
The Buy rating suggests continued confidence in Noble Corp's potential, but the lowered price target reflects a more cautious stance on its valuation. This mixed signal may lead to neutral short-term price movement.
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IMPORTANCE 80
RELEVANCE 100