Susquehanna raised the firm’s price target on Noble Corp. (NE) to $32 from $30 and keeps a Neutral rating on the shares. The firm updated its model including its target following Q2 results as they believe a high multiple is warranted given the offshore contracting visibility is improving.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NE: