Barclays analyst Edward Kim lowered the firm’s price target on Noble Corp. to $56 from $58 and keeps an Overweight rating on the shares post the Q4 results. The company said the fundamental setup for the offshore drilling market is the best in over a decade, the analyst tells investors in a research note.
Published first on TheFly
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Read More on NE:
- Noble Corp. to delay filing annual report on Form 10-K
- Noble Corp. price target raised to $53 from $49 at Evercore ISI
- Noble Corp. sees FY23 revenue $2.35B-$2.55B, consensus $2.29B
- Noble Corp. reports Q4 adjusted EPS 41c, consensus 54c
- NOBLE CORPORATION PLC ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS
