Valaris Announces Multi-Year Contract Award for Drillship VALARIS DS-17

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Citi Reiterates Buy Rating on Valaris plc (VAL), PT $95

July 22, 2024 10:47 AM EDT

Citi analyst Nikhil Gupta reiterated a Buy rating and $95.00 price target on Valaris plc (NYSE: VAL).

The analyst comments "This morning, Valaris announced a new multi-year contract on the DS-17 with Equinor in Brazil. The contract has a total duration of 852 days (2... More