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RPC, Inc. (Symbol: RES) shares have recently surpassed the average 12-month analyst target price of $8.17, trading at $8.29 per share. Analysts must now decide whether to downgrade the stock based on its valuation or adjust their target prices higher. The current price reflects a mix of different analyst evaluations, including targets as low as $7.00 and as high as $10.00, with a standard deviation of $1.607.
Within the Zacks coverage universe, RPC, Inc. currently holds two “Hold” ratings and one “Strong Sell,” leading to an average rating of 3.67 on a scale of 1 (Strong Buy) to 5 (Strong Sell). Recent data indicates no “Strong Buy” or “Buy” ratings among analysts.
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