Barclays Maintains Overweight on Noble Corp, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eddie Kim maintains an Overweight rating on Noble Corp (NYSE:NE) but lowers the price target from $55 to $54.
September 20, 2024 | 2:19 pm
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Barclays analyst Eddie Kim continues to see potential in Noble Corp by maintaining an Overweight rating, though the price target is slightly reduced from $55 to $54.
The Overweight rating suggests continued confidence in Noble Corp's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price as the overall sentiment remains positive.
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IMPORTANCE 70
RELEVANCE 100