Barclays lowered the firm’s price target on Patterson-UTI to $14 from $15 and keeps an Overweight rating on the shares. The analyst likes the shares at current levels.
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Read More on PTEN:
- Patterson-UTI reports average of 108 drilling rigs operating in July
- Patterson-UTI put volume heavy and directionally bearish
- PTEN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Patterson-UTI price target lowered to $16 from $19 at Stifel
- Patterson-UTI price target lowered to $12.50 from $14 at BofA
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