Valaris price target raised to $52 from $46 at Susquehanna

Susquehanna raised the firm’s price target on Valaris (VAL) to $52 from $46 and keeps a Neutral rating on the shares. The firm said its 2Q25 EBITDA beat handily on better revenue, margin, and the favorable arbitration ruling. The target increae is due to higher estimates and slightly higher multiple due to improving floater contracting opportunities.