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Fly News Breaks for May 3, 2018
OIS
May 3, 2018 | 09:24 EDT
SunTrust analyst Ken Sill raised his price target on Oil States to $32 after its Q1 earnings beat and also raised his FY18 EPS view to 13c from (38c). Sill notes the company is executing within an otherwise tough core offshore market "through acquisitions and the additions of differentiated products", but sees material appreciation in the stock price "unlikely" from the current levels after a post-earnings run-up. The analyst keeps his Hold rating on Oil States.
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