Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Receives Consensus Recommendation of "Hold" from Analysts
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has received a consensus "Hold" rating from 15 brokerages, with an average 12-month price target of $12.15. The company recently exceeded earnings and revenue estimates but saw a 12.7% year-over-year revenue decline. Notably, there has been significant insider selling, with …