Borr Drilling Limited Announces First Quarter 2024 Results
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Evercore ISI Reiterates In Line Rating on Borr Drilling (BORR)
May 23, 2024 12:28 PM EDTEvercore ISI analyst James West reiterated an In Line rating and $9.00 price target on Borr Drilling (NYSE: BORR).
The analyst comments "Positive Momentum Driving Higher Dividends. Borrs robust contract portfolio and strong market utilization (mainly due to a supply constrained jack-up market) continue to be two of the main drivers of the companys momentum and visibility. After the completion of the refinancing last year, the company is doubling its dividend to $0.10/shr (from... More
