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At least four firms lift their price targets for Helmerich & Payne (HP +0.8%) after FQ1...

At least four firms lift their price targets for Helmerich & Payne (HP +0.8%) after FQ1 results, due mostly to expected higher margins ahead for the U.S. land business segment after success in reducing operational expenses, reflecting a new procurement system, improved processes and a consistently high-quality fleet. BMO moves its target to $70 from $65; Dahlman Rose pushes to $81 from $68.
Comments (1)
  • analysts.....hmph!
    1 Feb 2013, 03:29 PM Reply Like
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