---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294540426.md"
description: "Patterson-UTI Energy shares are trading higher after JP Morgan upgraded the stock from Underweight to Neutral rating and announced a $12 price target."
datetime: "2026-07-31T16:47:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294540426.md)
  - [en](https://longbridge.com/en/news/294540426.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294540426.md)
generator: "portal-rs"
---

# 

Patterson-UTI Energy shares are trading higher after JP Morgan upgraded the stock from Underweight to Neutral rating and announced a $12 price target.

### Related Stocks

- [PTEN.US](https://longbridge.com/en/quote/PTEN.US.md)
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- [8634.JP](https://longbridge.com/en/quote/8634.JP.md)
- [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md)
- [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md)

## Related News & Research

- [Patterson-UTI Reports Drilling Activity for August 2026 | PTEN Stock News](https://longbridge.com/en/news/298239500.md)
- [Insider Selling: Patterson-UTI Energy (NASDAQ:PTEN) EVP Sells 120,000 Shares of Stock](https://longbridge.com/en/news/297966265.md)
- [Patterson-UTI CEO William Andrew Hendricks Jr sells 250,000 shares for $3.23 million](https://longbridge.com/en/news/297962164.md)
- [Patterson Uti Energy Insiders Sold Shares Worth Over $7.3M](https://longbridge.com/en/news/297964742.md)
- [Amplifon S.p.A. (0N61) Has a New Rating from Morgan Stanley](https://longbridge.com/en/news/297751842.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**