Susquehanna raised the firm’s price target on Noble Corp. (NE) to $45 from $32 and keeps a Neutral rating on the shares. The firm updatedits model following Q4 results where the highlight of the quarter was the Noble GreatWhite, which signed a contract with AkerBP and is expected to be reactivated by 2Q27, in part with the cash from these sales.
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Read More on NE:
- Noble Corporation Faces Heightened ESG Pressures, Financing Risks, and Strategic Uncertainty Amid Divergent Stakeholder Demands
- Noble Corporation Reports Strong 2025 Results and Outlook
- Noble Corp. reports Q4 adjusted EPS 9c, consensus 15c
- Noble Corp. sees FY26 revenue $2.8B-$3B, consensus $3.01B
- Noble Corp. sees FY26 CapEx $590M-$640M