Helmerich Payne (HP) Misses Q4 EPS by 1c

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Cowen Cuts Price Target on Helmerich Payne (HP) Following 4Q Earnings

November 16, 2015 7:54 AM EST

Cowen maintained a Market Perform rating on Helmerich & Payne (NYSE: HP), and cut the price target to $54.00 (from $60.00), following the company's 4Q. HP is guiding to a further 11-14% sequential decline in US Land operating days and a $218 decrease in average revenue per day... More