Patterson-UTI Energy Reaches Analyst Target Price

by Trading & Investing | 02/11/2022, 06:20

In recent trading, shares of Patterson-UTI Energy Inc. (Symbol: PTEN) have crossed above the average analyst 12-month target price of $11.16, changing hands for $11.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra

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