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Noble Corp. price target raised to $59 from $45 at Evercore ISI

Evercore ISI raised the firm’s price target on Noble Corp. (NE) to $59 from $45 and keeps an In Line rating on the shares. The firm views the company’s Q1 report as solid. Noble’s 2026 outlook is now “derisked” with a strong setup into 2027 due to “structural support” in deep-water, the analyst tells investors in a research note. Evercore cites a higher market multiple for the target bump.

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