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Helmerich & Payne price target lowered to $17 from $25 at JPMorgan

JPMorgan lowered the firm’s price target on Helmerich & Payne to $17 from $25 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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