Seadrill price target raised to $33 from $32 at Barclays

Barclays raised the firm’s price target on Seadrill (SDRL) to $33 from $32 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the energy services group as part of a Q4 earnings preview. It believes 2026 estimates are poised to move higher due to “multi-year bullish narratives,” including Venezuela, international unconventionals, a tightening frac market and distributed power.