Stifel Maintains Hold on RPC, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Hold rating on RPC (NYSE:RES) and lowers the price target from $8 to $7.
October 11, 2024 | 2:40 pm
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Stifel analyst Stephen Gengaro has maintained a Hold rating on RPC and reduced the price target from $8 to $7, indicating a more cautious outlook.
The reduction in price target from $8 to $7 by Stifel suggests a less optimistic view on RPC's short-term performance, which could lead to a negative impact on the stock price.
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