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News 2026-07-08 11:56 UTC

Patterson-UTI price target lowered to $12 from $14 at Susquehanna

Susquehanna analyst Charles Minervino lowered the firm's price target on Patterson-UTI to $12 from $14 and keeps a Positive rating on the shares. The firm updated its model ahead of the upcoming earnings season as the near-round trip in commodity prices has altered the outlook for the industry once again. Susquehanna s