As reported earlier, SunTrust analyst Ken Sill upgraded Oil States to Buy from Hold and kept his price target at $35. The analyst notes that the company's outlook is improving with "new product introductions in downhole tools" expected in Q1 of 2019, along with the anticipated acceleration in completions activity in the second half of the year. Sill adds that the disappointing issues gleaned by investors from Q3 results should be "transitory" and did not indicate a decline in demand. The analyst contends that the recent correction in the stock price has created an "attractive entry point".