Barclays lowered the firm’s price target on Helmerich & Payne to $20 from $24 and keeps an Equal Weight rating on the shares. The company guided to modest pricing and activity declines in North America, the analyst tells investors in a research note. The firm reduced estimates post the earnings report.
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Read More on HP:
- Helmerich & Payne price target lowered to $25 from $32 at Citi
- Helmerich & Payne’s Earnings Call: Mixed Sentiments and Strategic Moves
- Helmerich & Payne price target lowered to $26 from $28 at TD Cowen
- Helmerich & Payne price target lowered to $25 from $29 at RBC Capital
- Helmerich & Payne Reports Q2 Results, Eyes Growth
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