Susquehanna Reaffirms Positive Rating for Patterson-UTI Energy

On July 8, Susquehanna analyst Charles Minervino reaffirmed a positive rating on Patterson-UTI Energy (NASDAQ:PTEN), despite lowering the price target from $14 to $12. The adjustment reflects updated models ahead of earnings and improved mid-term outlook for oilfield services spending.

By Muhammad Ali Khalid Wed, July 15, 2026 at 12:37 PM GMT+3 2 min read · Yahoo Finance ·

Susquehanna Reaffirms Positive Rating for Patterson-UTI Energy

Tickers: $PTEN

Topics: oilfield services Patterson-UTI Energy price targets stock ratings

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