Morgan Stanley raised the firm’s price target on Helmerich & Payne to $28 from $26 and keeps an Underweight rating on the shares. Heading into Q4 results, the firm’s forecasts are roughly in-line with consensus for its energy services and equipment coverage overall on Q4 and 2026 EBITDA estimates, the analyst tells investors in a preview for the group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HP:
- HP (HPQ) Options Trade Flashes Courtesy of Resurgent PC Market
- Helmerich & Payne price target raised to $34 from $29 at RBC Capital
- Helmerich & Payne price target raised to $32 from $28 at Goldman Sachs
- Helmerich & Payne price target raised to $35 from $33 at TD Cowen
- Helmerich & Payne price target raised to $36 from $31 at Susquehanna