Susquehanna Reaffirms Positive Rating For Patterson-UTI Energy (PTEN)
Susquehanna analyst Charles Minervino reaffirmed a "Positive" rating for Patterson-UTI Energy (PTEN), reducing the target price to $12 but indicating a significant upside potential. This comes despite market uncertainties, with the analyst foreseeing a favorable mid-term landscape for oilfield services leading to increased spending. …