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RES

RPC, Inc.

$22.77

-0.12 (-0.52%)

08:47
10/13/17
10/13
08:47
10/13/17
08:47

RPC, Inc. downgraded to Neutral at Credit Suisse on valuation

As previously noted, Credit Suisse analyst James Wicklund downgraded RPC to Neutral from Outperform after a 16% year-to-date run-up in the company stock hit his price target issued two weeks ago. Wicklund maintains his view that the company has high-quality assets and management, but adds that it has already captured the rise in oil prices since its operation is primarily in the spot market.

  • 25

    Oct

RES RPC, Inc.
$22.77

-0.12 (-0.52%)

10/13/17
FBCO
10/13/17
DOWNGRADE
FBCO
Neutral
RPC, Inc. downgraded to Neutral from Outperform at Credit Suisse
10/10/17
DBAB
10/10/17
INITIATION
Target $25
DBAB
Hold
RPC, Inc. initiated with a Hold at Deutsche Bank
Deutsche Bank analyst David Havens started RPC, Inc. with a Hold rating and $25 price target.
10/05/17
JEFF
10/05/17
DOWNGRADE
Target $26
JEFF
Hold
RPC, Inc. downgraded to Hold from Buy at Jefferies
Jefferies analyst Brad Handler downgraded RPC, Inc. to Hold with an unchanged price target of $26. The company's leading edge" pricing is showing signs of plateauing, which will likely allow peers, who locked up pricing early in the recovery process, to catch up, Handler tells investors in a research note.
09/05/17
LEHM
09/05/17
INITIATION
Target $19
LEHM
Equal Weight
RPC, Inc. initiated with an Equal Weight at Barclays
Barclays analyst J. David Anderson initiated RPC, Inc. with an Equal Weight rating and $19 price target.

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