Noble Corp. price target raised to $42 from $35 at BTIG

BTIG raised the firm’s price target on Noble Corp. (NE) to $42 from $35 and keeps a Buy rating on the shares as part of a broader research note on Offshore Services names. A pickup in rig contracting is helping to de-risk 2026, the analyst tells investors in a research note, adding that despite dayrates largely trending sideways, customers continue to build out their contracted rig portfolios.