By: Benzinga
UPDATE: Goldman Sachs Reiterates Neutral Rating, Raises PT on Patterson-UTI Energy on Strong 4Q12 Results
In a report published Friday, Goldman Sachs reiterated its Neutral rating on Patterson-UTI Energy (NASDAQ: PTEN ), and raised its price target from $20.00 to $22.50. Goldman Sachs noted, “PTEN reported very strong 4Q12 results, with the highlight being better than anticipated pressure pumping activity in the quarter. Management reported
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