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Fly News Breaks for December 11, 2018
CLB
Dec 11, 2018 | 07:01 EDT
JPMorgan analyst Sean Meakim downgraded Core Laboratories to Neutral and lowered his price target for the shares to $79 from $111. The analyst moderated the pace of U.S. activity in his earnings models for 2019. He believes Core's "elevated multiples" predicated on a long cycle recovery are more at risk going forward
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