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Patterson-UTI Energy, Inc. (PTEN) Maintains A Sector Perform Rating
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Posted on 02/09/10 at 5:55pm by Ed Liston
Analysts at RBC Capital Markets have maintained a Sector Perform rating for Patterson-UTI Energy, Inc. (NASDAQ: PTEN). The price target has been set at $21 for the Patterson-UTI Energy, Inc. stock.
Analysts at RBC Capital Markets have raised the estimates for the company. Analysts have raised the EPS for 2010 to $0.10, and for 2011 to $0.59.
According to analysts, the shares of the company can see a near-term rally driven by an upside in earnings revision, and positive rig count momentum.
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