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Finally, Royal Bank of Canada cut their price target on shares of Patterson-UTI Energy from $19.00 to $17.00 and set an “outperform” rating on the stock in a research note on Thursday, November 9th.
FMR LLC boosted its holdings in Patterson-UTI Energy by 21,195.0% during the third quarter.
In other Patterson-UTI Energy news, COO James Michael Holcomb sold 10,762 shares of the business’s stock in a transaction on Monday, July 17th.
Jennison Associates LLC increased its holdings in Patterson-UTI Energy by 54.2% in the second quarter.
Morgan Stanley reiterated an “overweight” rating and issued a $20.00 target price on shares of Patterson-UTI Energy in a research report on Monday, July 31st.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Stake Raised by Gamco Investors INC.
Patterson-UTI Energy, Inc, through its subsidiaries, provides contract drilling services to oil and natural gas operators in the United States and internationally.
Patterson-UTI Energy’s payout ratio is currently 20.00%.
Raymond James reduced their price objective on shares of Patterson-UTI Energy from $23.00 to $21.00 and set a “strong-buy” rating on the stock in a report on Thursday, November 9th.
TheStreet upgraded Patterson-UTI Energy from a “d+” rating to a “c” rating in a research report on Thursday, November 10th.