Biostar Pharmaceuticals, Inc. (BSPM) Is At $1.77 Formed Wedge; 21 Analysts Bullish Patterson-UTI Energy, Inc. (PTEN)

Biostar Pharmaceuticals, Inc. (BSPM) formed wedge up with $1.88 target or 6.00% above today’s $1.77 share price. Biostar Pharmaceuticals, Inc. (BSPM) has $4.67 million valuation. The stock decreased 2.71% or $0.05 during the last trading session, reaching $1.77. About 21,471 shares traded. Biostar Pharmaceuticals, Inc. (NASDAQ:BSPM) has risen 57.27% since December 30, 2016 and is uptrending. It has outperformed by 40.57% the S&P500.

Among 31 analysts covering Patterson-UTI Energy Inc (NASDAQ:PTEN), 21 have Buy rating, 1 Sell and 9 Hold. Therefore 68% are positive. Patterson-UTI Energy Inc had 94 analyst reports since July 28, 2015 according to SRatingsIntel. On Monday, June 20 the stock rating was maintained by Howard Weil with “Sector Perform”. The firm has “Outperform” rating by Cowen & Co given on Friday, October 23. On Friday, March 11 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has “Neutral” rating given on Friday, December 16 by Goldman Sachs. Stephens maintained the shares of PTEN in report on Monday, April 18 with “Underweight” rating. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) earned “Buy” rating by Piper Jaffray on Thursday, October 12. Citigroup maintained Patterson-UTI Energy, Inc. (NASDAQ:PTEN) on Thursday, October 5 with “Buy” rating. The firm earned “Accumulate” rating on Tuesday, July 28 by Global Hunter Securities. The firm has “Buy” rating by Piper Jaffray given on Tuesday, October 31. The firm has “Neutral” rating by Citigroup given on Tuesday, August 9. See Patterson-UTI Energy, Inc. (NASDAQ:PTEN) latest ratings:

03/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $29.0 Maintain
31/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $24.0 Maintain
27/10/2017 Broker: Credit Suisse Rating: Neutral Old Target: $17 New Target: $21 Maintain
27/10/2017 Broker: Cowen & Co Rating: Hold New Target: $20.0 Maintain
18/10/2017 Broker: Cowen & Co Rating: Hold New Target: $24.0 Maintain
12/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $22.0 Maintain
11/10/2017 Broker: BMO Capital Markets Rating: Hold New Target: $23.0 Maintain
10/10/2017 Broker: Deutsche Bank Rating: Buy New Target: $25 Initiates Coverage On
05/10/2017 Broker: Jefferies Rating: Buy New Target: $26.0 Maintain
05/10/2017 Broker: Citigroup Rating: Buy Old Target: $19 New Target: $24 Maintain

Investors sentiment decreased to 1.41 in 2017 Q3. Its down 0.25, from 1.66 in 2017Q2. It worsened, as 40 investors sold Patterson-UTI Energy, Inc. shares while 64 reduced holdings. 30 funds opened positions while 117 raised stakes. 207.11 million shares or 3.18% more from 200.72 million shares in 2017Q2 were reported. D E Shaw invested 0.03% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Bessemer Group owns 191 shares. 35,993 were accumulated by Profund Advsrs Limited Liability Company. Alyeska Invest Grp L P reported 3.23M shares. 159,614 are owned by Virginia Retirement Et Al. Commonwealth Of Pennsylvania Pub School Empls Retrmt holds 82,339 shares. Woodstock stated it has 19,735 shares or 0.08% of all its holdings. 2,600 are owned by Ranger Invest Management L P. Balyasny Asset Management Lc reported 0.1% stake. Hsbc Holdg Public Llc has invested 0% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). M&T Bancshares Corp holds 0% or 10,964 shares in its portfolio. Penn Capital reported 0.09% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). State Board Of Administration Of Florida Retirement has 0.02% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 287,625 shares. Wisconsin-based State Of Wisconsin Inv Board has invested 0% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Laurion Ltd Partnership invested 0.01% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN).

The stock increased 1.54% or $0.35 during the last trading session, reaching $23.01. About 2.18 million shares traded. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has risen 32.91% since December 30, 2016 and is uptrending. It has outperformed by 16.21% the S&P500.

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company has market cap of $5.12 billion. The companyÂ’s Contract Drilling segment markets its contract drilling services primarily in Texas, southeastern New Mexico, northern Louisiana, Colorado, Wyoming, North Dakota, Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. It currently has negative earnings. As of December 31, 2016, this segment had a drilling fleet of 202 marketable land drilling rigs.