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

|About: Helmerich & Payne Inc. (HP)|By:, SA News Editor

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.