BTIG Boosts Noble Corp (NE) Price Target to $42, Maintains Buy Rating

BTIG analyst Gregory Lewis maintains a "Buy" rating for Noble Corp (NE) with a price target of $42.00, up 20% from the previous $35.00. The increased target indicates a positive outlook for the company. Noble Corp provides contract drilling services to the oil and gas industry with its fleet of mobile offshore drilling units. The average target price from 10 analysts is $33.10 with a high estimate of $36.00 and a low of $25.00. The average brokerage recommendation is 2.5, indicating an "Outperform" status.