Stifel Raises Price Target for Patterson-UTI Energy Following Improved Q2 Guidance

On June 16, Stifel analyst Stephen Gengaro raised the price target on Patterson-UTI Energy (NASDAQ:PTEN) from $14 to $15 while maintaining a 'Buy' rating. The adjustment follows improved second-quarter EBITDA guidance of up to $220 million and stronger performance in drilling and completion services.

By Sultan Khalid Sun, June 21, 2026 at 4:17 AM GMT+3 2 min read · Yahoo Finance · June 21, 2026, 01:17 UTC

Tickers: $PTEN

Topics: Earnings Guidance Oil and Gas Stock Analysis

Read the full article at Yahoo Finance

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