RigNet price target raised to $62 from $52 at Oppenheimer Oppenheimer increased its price target on RigNet after the company reported stronger than expected Q4 results. The firm thinks the company's business is hitting its stride, and keeps an Outperform rating on the shares.
RigNet weakness brings attractive entry point, says Jefferies Jefferies says the recent weakness in shares of RigNet has created a "significant opportunity" and attractive entry point into the name. The firm believes RigNet has limited risk from fluctuating energy prices given its fixed price contracts. It keeps a Buy rating on the stock with a $60 price target.