Seeking Alpha

Patterson-UTI Energy (PTEN -1.8%) shares are downgraded to Sector Perform at RBC Capital,...

Patterson-UTI Energy (PTEN -1.8%) shares are downgraded to Sector Perform at RBC Capital, which also lowers its target price to $16 from $24. The firm says while it continues to expect PTEN's corporate transformation strategy to play out over the long-term, it is stepping to the sidelines near-term in the face of developing industry headwinds.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)