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Fly News Breaks for October 30, 2018
OIS
Oct 30, 2018 | 08:34 EDT
Credit Suisse analyst James Wicklund lowered his price target for Oil States to $28 from $37 after the company pre-announced Q3 as a miss, citing under-absorption in the Offshore/Manufactured Products and in the Downhole Technologies segments while Well Site Services had higher R&M and rental expenses and was affected by a general slowdown in U.S. onshore completions. The analyst reiterates a Neutral rating on the shares.