Dahlman Rose Starts Global Geophysical Services (GGS) at Hold

November 20, 2012 7:13 AM EST
Get Alerts GGS Hot Sheet
Price: $0.47 --0%

Rating Summary:
    2 Buy, 4 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Dahlman Rose initiates coverage on Global Geophysical Services (NYSE: GGS) with a Hold.

"While we believe GGS has greater upside potential than many of its peers, the company's debt overhang and choppy proprietary demand present near-term challenges for the stock," the firm comments.

For an analyst ratings summary and ratings history on Global Geophysical Services click here. For more ratings news on Global Geophysical Services click here.

Shares of Global Geophysical Services closed at $3.93 yesterday.

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