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Stock Market & Financial Investment News

News Breaks
July 11, 2014
07:11 EDTPTENPatterson-UTI Energy price target raised to $44 from $39 at RBC Capital
RBC Capital increased its price target on Patterson-UTI Energy as the firm is positive on the outlook for U.S. land drillers and likes the company's frac operating leverage, improving cash margins and valuation. The firm keeps an Outperform rating on the shares.
News For PTEN From The Last 14 Days
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May 19, 2015
07:31 EDTPTENUBS to hold a conference
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May 11, 2015
09:59 EDTPTENOn The Fly: Analyst Downgrade Summary
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06:14 EDTPTENPatterson-UTI downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Patterson-UTI to Neutral citing the recent rally in shares and its belief onshore focused service providers are most at-risk of profit-taking. The firm keeps a $22 price target for the name.

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