Precision Drilling (PDS) Tops Q2 EPS by 60c; offers outlook

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Go back to Precision Drilling (PDS) Tops Q2 EPS by 60c; offers outlook

Precision Drilling (PD:CN) (PDS) PT Raised to Cdn$123 at ATB Capital Markets

August 1, 2024 7:12 AM EDT

ATB Capital Markets analyst Wager Syed raised the price target on Precision Drilling (PD:CN) (NYSE: PDS) to Cdn$123.00 (from Cdn$120.00) while maintaining a Outperform (1) rating.

The analyst comments "The ATB Take: PD reported its Q2/24 results after market close on July 30, 2024. Reported EBITDA was $115mm (ATBe: $110.5mm), which included $10mm of share-based compensation. PDs... More