Stock Track | Seadrill Soars 5.99% in Pre-market After Barclays Raises Price Target to $41

Stock Track03-02

Seadrill's stock surged 5.99% in pre-market trading following a positive analyst action from Barclays.

The investment bank raised its price target on Seadrill to $41 from $39, while maintaining an Equal Weight rating on the shares. This upward revision in the target price likely boosted investor confidence and contributed to the significant pre-market gain.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment