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Fly News Breaks for April 29, 2015
NOV
Apr 29, 2015 | 08:06 EDT
As previously reported, Morgan Stanley downgraded National Oilwell to Underweight from Equal Weight with a $53 price target. The firm expects a steep fall in demand for National Oilwell's offshore drilling equipment over the next 12-18 months, which will not be offset by emerging FPSO related technologies and Wellbore Technologies momentum.
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