Patterson-UTI Energy (PTEN) +2.3% premarket after BMO Capital raises its rating on the stock two...

|About: Patterson-UTI Energy, Inc. (PTEN)|By:, SA News Editor

Patterson-UTI Energy (PTEN) +2.3% premarket after BMO Capital raises its rating on the stock two notches to Outperform with a $20 price target, up from $15. The land drilling contractor reports an average of 215 rigs operating during August, including 210 rigs in the U.S. and five in Canada.