Borr stock forecast according to industry data

According to industry data, the Borr stock forecast benefits from long-term offshore drilling investment trends, with 2024 rig rates up nearly 12% year-over-year—a bullish indicator for earnings potential. As recently as late March, Fed officials were sticking to their forecast of three rate cuts this year, Inflation eased significantly the second half of last year as pandemic-related supply chain troubles resolved and the price of used cars, furniture and other goods declined. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Borr Drilling wasn't on the list. Borr stock forecast updates highlight a sharp rise in institutional buying activity in late June, possibly signaling confidence ahead of Q2 earnings release scheduled this month.