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Fly News Breaks for November 12, 2019
Nov 12, 2019 | 06:13 EDT
BofA/Merrill analyst Mike Sabella resumed coverage of Oceaneering with a Buy rating as part of his broader research coverage into the Oilfield Services sector. The analyst notes that the company should benefit as the floating rig demand growth may rise to the high single-digits in 2020 after a "prolonged and painful downturn" that began in 2014.
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