Susquehanna Maintains Positive on Transocean, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Positive rating on Transocean (NYSE:RIG) but lowers the price target from $8 to $7.
October 11, 2024 | 1:23 pm
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Susquehanna analyst Charles Minervino maintains a Positive rating on Transocean but lowers the price target from $8 to $7, indicating a slightly less optimistic outlook.
The maintained Positive rating suggests continued confidence in Transocean's prospects, but the lowered price target indicates some caution, likely due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100