TD Cowen raised the firm’s price target on Helmerich & Payne to $27 from $26 and keeps a Hold rating on the shares. The firm said 3Q results showed resilient NAS margins, early signs of international stabilization, and steady offshore contributions. F4Q guide was also better than feared.
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Read More on HP:
- Helmerich & Payne: Strong NAS Margins and Positive Q4 Guidance Amid Cautious Macroeconomic Outlook Justify Hold Rating
- Helmerich & Payne price target raised to $21 from $20 at Piper Sandler
- Helmerich & Payne’s 2024 Outlook: Navigating Persistent Risks Amid Stability
- Helmerich & Payne’s Earnings Call Highlights Resilience
- Helmerich & Payne Reports Q3 Loss Amidst Strategic Adjustments
