Piper Sandler has decided to maintain its Overweight rating of Patterson-UTI Energy (NASDAQ:PTEN) and raise its price target from $14.50 to $20.00.
Shares of Patterson-UTI Energy are trading up 3.93% over the last 24 hours, at $17.30 per share.
Gainers
Y-mAbs Therapeutics, Inc. (NASDAQ: YMAB) surged 26% to close at $2.24. Y-mAbs reported completion of pre-BLA meeting with the FDA for Omburtamab.
Patterson-UTI Energy (NASDAQ:PTEN) reported quarterly losses of $(0.38) per share which missed the analyst consensus estimate of $(0.35) by 8.57 percent. This is a 33.33 percent increase over losses of $(0.57) per share
Companies Reporting Before The Bell
• Canada Goose Hldgs (NYSE:GOOS) is projected to report quarterly earnings at $1.46 per share on revenue of $584.49 million.
Patterson-UTI Energy (NASDAQ:PTEN) is set to give its latest quarterly earnings report on Thursday, 2022-02-10. Here's what investors need to know before the announcement.
Analysts estimate that Patterson-UTI Energy will likely report an Earnings Per Share (EPS) of $-0.35.