Borr Drilling Limited - Q2 2024 Presentation

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Evercore ISI Reiterates In Line Rating on Borr Drilling (BORR)

August 16, 2024 5:14 AM EDT

Evercore ISI analyst James West reiterated an In Line rating and $9.00 price target on Borr Drilling (NYSE: BORR).

The analyst comments "Revenue and Cash Flow Visibility Continues to Improve. Borrs robust contract coverage, market-leading dayrates, and strong rig utilization (mainly due to a supply-constrained jack-up market and improved demand) continue to strengthen... More