Helmerich Payne (HP) Tops Q4 EPS by 5c

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Helmerich & Payne (HP) PT Raised to $58 at Jefferies

November 17, 2017 8:02 AM EST

Jefferies raised its price target on Helmerich & Payne (NYSE: HP) to $58.00 (from $50.00) while maintaining a Hold rating.

Analyst Brad Handler said pervasive negativity around HP is in contrast to its advantaged competitive position, clean B/S, improving cash flow profile and sustainable 5.1%... More