JPMorgan lowered the firm’s price target on Cactus (WHD) to $50 from $52 and keeps a Neutral rating on the shares. The firm refreshed estimates for the SMid cap land and offshore drillers as well as frac levered oilfield services stocks to reflect lower oil prices.
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Read More on WHD:
- Cactus Inc. Holds Annual Stockholders Meeting
- Cactus price target lowered to $52 from $54 at JPMorgan
- Cautious Outlook on Cactus: Hold Rating Amid Market Challenges and Strategic Adjustments
- Cactus, Inc. Reports Strong Q1 Earnings Amid Challenges
- Cactus price target lowered to $51 from $54 at Barclays