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Fly News Breaks for September 18, 2018
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Sep 18, 2018 | 16:52 EDT
Morgan Stanley analyst Connor Lynagh initiated Core Laboratories with an Equal Weight rating and a price target of $125 as part of his broader research note on Oil Services Drilling/Equipment industry. The analyst says the company stands out from its peers with its "extremely capital light and free cash flow generative" profile but believes that the shares are fairly valued.