Patterson-UTI's Buyback Plan and JPMorgan's Price Target Update

Tuesday, 28 May 2024, 12:59

Patterson-UTI Corporation has revealed its intention to initiate stock buybacks along with JPMorgan's unchanged price target of $10.80 per share. The company's decision to repurchase its own shares indicates a confidence in its future performance, while JPMorgan's steady price target reflects stability in the stock's valuation.
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Patterson-UTI's Buyback Plan and JPMorgan's Price Target Update

Patterson-UTI Announces Stock Buyback Plan

Patterson-UTI Corporation has announced its plan to repurchase its own shares.

JPMorgan Maintains $10.80 Price Target

JPMorgan has decided to retain its price target of $10.80 per share for Patterson-UTI.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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