Susquehanna Maintains Positive on Transocean, Lowers Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Positive rating on Transocean (NYSE:RIG) but lowers the price target from $7 to $6.5.
November 01, 2024 | 3:21 pm
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Susquehanna analyst Charles Minervino maintains a Positive rating on Transocean but lowers the price target from $7 to $6.5.
The analyst's decision to maintain a Positive rating suggests confidence in the company's prospects, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100