Goldman Sachs Downgrades Helmerich & Payne (HP) to Neutral

February 13, 2012 6:55 AM EST
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Price: $44.20 +2.62%

Rating Summary:
    18 Buy, 15 Hold, 7 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Helmerich & Payne (NYSE: HP) from Buy to Neutral with a price target of $70 (down from $80).

The firm cited lower-than-expected gas prices resulting from warmer-than normal winter weather.

For an analyst ratings summary and ratings history on Helmerich & Payne click here. For more ratings news on Helmerich & Payne click here.

Shares of Helmerich & Payne closed at $59.27 yesterday.


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