HP

[setliff]

Analyst Actions: Helmerich & Payne Receives $13 Price-Target Boost From Cowen; Shares Edge Higher 11/15 10:26 AM

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11:26 AM EST, 11/15/2013 (MT Newswires) -- Shares of Helmerich & Payne Inc. (HP:$79.25,00$1.19,001.52%) rose Friday, after broker Cowen and Co. increased its target price on the oil-and-gas drilling contractor to $89 from $76 following the company's Thursday release of better-than-expected fourth-quarter results.

Cowen reiterated its outperform investment rating on the stock.

[dan_s]

HP is a World Class company with outstanding earning visability. They have a lot of Flex Rigs on long-term contracts.

Flex Rigs are the best rigs in the world.