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Fly News Breaks for February 17, 2017
OIS
Feb 17, 2017 | 07:53 EDT
Loop Capital analyst Stephen Gengaro said he believes the nearly 9% drop yesterday in Oil States shares on the heels of the company's earnings report creates an "excellent" buying opportunity. Gengaro, who keeps a Buy rating and $44 price target on the stock, cites strong leverage to rising U.S. land activity, his expectation that Offshore Products results are near a bottom and the company's track record of strong execution.
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