Information Provided By:
Fly News Breaks for August 25, 2016
FI
Aug 25, 2016 | 06:03 EDT
UBS analyst Angie Sedita downgraded Frnak's International to Sell and lowered its price target to $7.50 from $16. The analyst sees outsized earnings risk given Frank's significant offshore exposure and expects margins to remain under pressure as deepwater drilling declines and the mix shifts towards lower-margin shallow-water and onshore activity.
News For FI From the Last 2 Days
There are no results for your query FI