UPDATE: Stephens Resumes Coverage on Parker Drilling on Positive Outlook, Focus on Growing Markets

In a report published Thursday, Stephens analyst Matt Marietta resumed coverage on Parker Drilling Company (NYSE: PKD ) with an Overweight rating and $8.00 price target. In the report, Stephens noted, “We are resuming coverage of PKD with an Overweight (Vol.) rating and an $8 price target. We believe the