Patterson-UTI Energy Reports Financial Results for the Quarter Ended June 30, 2024
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Patterson-UTI Energy (PTEN) PT Lowered to $14 at RBC Capital
July 26, 2024 6:40 AM EDTRBC Capital analyst Keith Mackey lowered the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $14.00 (from $15.00) while maintaining a Outperform rating.
The analyst comments "PTEN reported in-line 2Q24 results. With a modest activity rebound expected in 2025 and above-average FCF yield amongst... More
