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Helmerich & Payne price target raised to $29 from $25 at Barclays

Barclays analyst Eddie Kim raised the firm’s price target on Helmerich & Payne to $29 from $25 and keeps an Overweight rating on the shares. The company guided to a flattish lower 48 and international rig count in fiscal 2026 from current levels, and announced seven rig reactivations in Saudi, the analyst tells investors in a research note. The firm sees potential upside to the outlook.

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