Barclays Maintains Equal-Weight on Helmerich & Payne, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson has maintained an Equal-Weight rating on Helmerich & Payne (NYSE:HP) but has lowered the price target from $42 to $39.
October 16, 2024 | 7:40 pm
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Barclays has maintained an Equal-Weight rating on Helmerich & Payne but reduced the price target from $42 to $39, indicating a slightly less optimistic outlook.
The lowering of the price target by Barclays suggests a slightly less optimistic view on Helmerich & Payne's future performance, which could lead to a minor negative impact on the stock price in the short term. However, the Equal-Weight rating indicates a neutral stance overall.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100