BofA Raises Price Target on Patterson-UTI Energy (PTEN)

On May 19, 2026, BofA analyst Saurabh Pant raised the price target for Patterson-UTI Energy (NASDAQ:PTEN) to $13.50 from $12 and maintained a Buy rating due to updated oilfield services models showing higher EBITDA forecasts than consensus estimates.

By Jeff Lewis Sun, May 31, 2026 at 11:59 AM GMT+3 2 min read · Yahoo Finance ·

BofA Raises Price Target on Patterson-UTI Energy (PTEN)

Tickers: $PTEN

Topics: BofA Earnings Oilfield Services Patterson-UTI Energy Susquehanna

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