Barclays raised the firm’s price target on Seadrill (SDRL) to $39 from $33 and keeps an Equal Weight rating on the shares. The firm remains constructive on an offshore activity “inflection” late in 2026 and into 2027. The analyst increased go-forward day rates and price targets across the offshore driller group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SDRL:
