Form 8-K Helmerich & Payne, Inc. For: Feb 05
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Helmerich & Payne (HP) PT Lowered to $25 at CFRA, Double Downgrades to Sell
February 6, 2025 4:05 PM ESTCFRA analyst Stewart Glickman lowered the price target on Helmerich & Payne (NYSE: HP) to $25.00 (from $39.00) while downgrading to a Sell rating (from Buy).
The analyst comments "Our 12-month target of $25, cut $14, reflects a 3.7x multiple of EV to projected FY 26 (Sep.) EBITDA, a... More
