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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App