Susquehanna Maintains Neutral on Valaris, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino has maintained a Neutral rating on Valaris (NYSE:VAL) while lowering the price target from $61 to $55.
November 01, 2024 | 3:28 pm
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Susquehanna has maintained a Neutral rating on Valaris but reduced the price target from $61 to $55, indicating a less optimistic outlook.
The lowering of the price target from $61 to $55 by Susquehanna suggests a less optimistic view on Valaris's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100