JPMorgan lowered the firm’s price target on Cactus (WHD) to $50 from $52 and keeps a Neutral rating on the shares. The firm refreshed estimates for the SMid cap land and offshore drillers as well as frac levered oilfield services stocks to reflect lower oil prices.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WHD:
- Cactus Inc. Holds Annual Stockholders Meeting
- Cactus price target lowered to $52 from $54 at JPMorgan
- Cautious Outlook on Cactus: Hold Rating Amid Market Challenges and Strategic Adjustments
- Cactus, Inc. Reports Strong Q1 Earnings Amid Challenges
- Cactus price target lowered to $51 from $54 at Barclays