Global Hunter Securities is out with a research report on Hornbeck Offshore Services, Inc. HOS and is upgrading shares from Neutral to Buy, and raising its price target from $30 to $39.
In a note to clients, Global Hunter Securities writes, "We are revising our outlook for oilfield services demand and expectations for stock performance through year-end. We are upgrading Gulfmark (GLF), Hornbeck (HOS), Noble (NE), Oceaneering (OII) and Rowan (RDC), while downgrading Basic (BAS), Complete (CPX), Key (KEG), Nabors (NBR), National Oilwell Varco (NOV), Newpark (NR), OYO Geospace (OYOG), Patterson-UTI (PTEN), RPC (RES), Union (UDRL) and Xtreme (XDC.T)."
Shares of HOS closed at $27.19 yesterday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in