Susquehanna Initiates Coverage On Valaris with Neutral Rating, Announces Price Target of $62
Portfolio Pulse from Benzinga Newsdesk
Susquehanna has initiated coverage on Valaris (NYSE:VAL) with a Neutral rating and set a price target of $62.
September 24, 2024 | 12:14 pm
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NEUTRAL IMPACT
Susquehanna has initiated coverage on Valaris with a Neutral rating and a price target of $62, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Susquehanna sees neither strong upside nor downside potential in the short term for Valaris. The price target of $62 provides a benchmark for investors, but the neutral stance indicates a wait-and-see approach.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100