Citi lowered the firm’s price target on Helmerich & Payne to $25 from $32 and keeps a Buy rating on the shares. The firm updated models for a collection of Smid-cap oil and gas equipment and services stocks to incorporate updated rig count forecasts and recent earnings.
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Read More on HP:
- 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
- Helmerich & Payne reports Q2 adjusted EBITDA $242M
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