Barclays analyst Eddie Kim lowered the firm’s price target on Dril-Quip to $22 from $23 and keeps an Underweight rating on the shares. The company’s Q4 results and 2024 outlook were better than expected, but the inflection for offshore services is still a quarter or two away, the analyst tells investors in a research note.
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Read More on DRQ:
- Dril-Quip Q4 Earnings Update Available Online
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