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Fly News Breaks for May 15, 2017
HP
May 15, 2017 | 08:01 EDT
After meeting with Helmerich & Payne's management, Bernstein analyst Colin Davies says that the recent decline in the stock is "temporary." He expects the company to gain market share, driven by the decreasing supply of upgradable rigs. The analyst keeps an $84 price target and an Outperform rating on the stock.