Singular Research Maintains Bolt Technologies Buy, PT Down To $16

Singular Research maintained its Bolt Technologies BOLT Buy rating and lowered its Bolt Technologies price target from $18 to $16 in a research report published today. In the report, Singular Research states, "Any curtailment of activities from the Deepwater Horizon oil spill appears to be over. With oil prices persisting above $100 per barrel we expect seismic exploration and seismic monitoring of proven deposits to increase in in the next few years." Shares of Bolt Technologies were trading at $12.35 at the time of posting, down 1.18% from Wednesday's market close.