Wall Street Zen has downgraded Precision Drilling (NYSE:PDS) from a “buy” to a “hold” rating. This decision comes despite other analysts maintaining more positive outlooks, including “outperform” and “overweight” ratings from BMO Capital Markets and Piper Sandler, respectively. The company recently reported Q4 earnings of $1.37 per share, beating consensus estimates, and analysts predict $7.1 EPS for the current year.
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Precision Drilling (NYSE:PDS) Lowered to "Hold" Rating by Wall Street Zen
Wall Street Zen has downgraded Precision Drilling (NYSE:PDS) from a “buy” to a “hold” rating. This decision comes despite other analysts maintaining more positive outlooks, including “outperform” and “overweight” ratings from BMO Capital Markets and Piper Sandler, respectively. The company recently reported Q4 earnings of $1.37 per share, beating consensus estimates, and analysts predict $7.1 EPS for the current year.