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Fly News Breaks for March 11, 2016
OII
Mar 11, 2016 | 07:27 EDT
Goldman analyst Waqar Syed upgraded Oceaneering to Buy and increased his price target to $40.50 from $38 on shares. The analyst views valuation as attractive given potential upside for a recovery in WTI to $55-$60/bbl in 2017, and an increase in offshore maintenance and inspection related activities.
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