Piper Sandler raised the firm’s price target on Select Energy Services to $11 from $10 and keeps an Overweight rating on the shares. The rig count keeps sliding, but commentary from all oil service companies is pointing to the rig count bottoming very soon in Q3, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on WTTR:
- Select Energy Services reports Q2 EPS 20c, consensus 23c
- SELECT WATER SOLUTIONS ANNOUNCES SECOND QUARTER 2023 FINANCIAL RESULTS AND OPERATIONAL UPDATES
- WTTR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- SELECT WATER SOLUTIONS ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.05 PER SHARE
- Select Energy Services price target raised to $8.50 from $8 at Citi