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Fly News Breaks for January 31, 2019
HP
Jan 31, 2019 | 08:52 EDT
Wells Fargo analyst Jud Bailey raised his price target for Helmerich & Payne to $68 from $61 following quarterly results. The analyst reiterates an Outperform rating on the shares as he continues to view Helmerich & Payne as one of the more attractive names in his OFS universe with quality management, improving free cash flow, increasing technology differentiation, and a resilient EBITDA profile in a turbulent U.S. land market.
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