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Fly News Breaks for February 12, 2016
OII
Feb 12, 2016 | 08:08 EDT
As noted earlier, RBC Capital downgraded Oceaneering to Underperform from Sector Perform. The firm thinks that analysts' estimates don;t adequately reflect the headwinds the company is facing from lower offshore rig counts and reduced subsea operator spending. Target to $20 from $36.
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