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Fly News Breaks for August 1, 2017
OIS
Aug 1, 2017 | 07:21 EDT
Loop Capital analyst Stephen Gengaro lowered his estimates for Oil States after the company reported lower than expected 2Q results and gave "lackluster" guidance and cut his price target on the shares to $34 from $44. However, he keeps a Buy rating on Oil States, as he sees its U.S. land business benefiting from rising completion activity over the next several quarters.
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