SEB Equities Downgrades Borr Drilling Limited (BORR) to Hold from Buy with a $5.45 Price Target

Borr Drilling Limited (NYSE:BORR) is one of the 11 Best High Volume Penny Stocks to Buy Now. On March 11, 2026, SEB Equities analyst Kim Andre Uggedal downgraded Borr Drilling Limited (NYSE:BORR) to Hold from Buy with a $5.45 price target, citing valuation and saying the recovery in the jack-up market is already reflected in the share price. On March 9, 2026, Borr Drilling provided an operational update following hostilities in the Arabian Gulf, where the company has four jack-up rigs deployed across Sau ...