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.
Tickers: $PTEN
Topics: oilfield services Patterson-UTI Energy price targets stock ratings