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Valaris price target lowered to $59 from $61 at Barclays
The Fly

Valaris price target lowered to $59 from $61 at Barclays

Barclays analyst Eddie Kim lowered the firm’s price target on Valaris (VAL) to $59 from $61 and keeps an Overweight rating on the shares post the Q3 report. The firm says deepwater rig demand in 2026 and beyond remains intact, but Valaris’ near-term outlook was subdued.

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