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Zacks Research Downgrades Valaris (NYSE:VAL) to Hold
['Tristan Rich']
Markets Daily
Valaris (NYSE:VAL – Get Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.
BTIG Research increased their price objective on Valaris from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, October 31st.
Weiss Ratings restated a “hold (c)” rating on shares of Valaris in a research note on Wednesday, January 21st.
Finally, Barclays lifted their price objective on shares of Valaris from $43.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th.
Valaris Company Profile(Get Free Report)Valaris PLC is a leading provider of offshore drilling services to the global energy industry.