Precision Drilling: Operational Momentum and Capital Returns Support Buy Rating; Price Target Reiterated at $165
Tip Ranks·- BMO Capital analyst John Gibson CFA reaffirmed a buy rating and a 165 US dollar price target for Precision Drilling. - The positive outlook is driven by strong operational momentum, improving balance sheets, and increased capital returns through debt repayment and share repurchases. - Piper Sandler also maintained a buy rating on the stock with a 105.00 US dollar price target.