BofA analyst Saurabh Pant raised the firm’s price target on Helmerich & Payne to $44 from $41 and keeps a Buy rating on the shares. The firm, which is updating its oilfield services models for Q1 earnings and 10-Q reports, notes that its forecasts for 2027 and 2028 EBITDA are 10% and 16% above consensus, respectively, on average.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HP:
- Helmerich & Payne price target raised to $43 from $41 at Piper Sandler
- Helmerich & Payne price target raised to $39 from $35 at Morgan Stanley
- Helmerich & Payne Leans on NAS Strength Amid Turmoil
- Helmerich & Payne Maintains Stable Risk Profile in Q2 FY26, Keeping Existing Exposures in Focus
- Helmerich & Payne price target raised to $43 from $42 at Susquehanna