JPMorgan Downgrades Core Laboratories (CLB) to Neutral

December 11, 2018 6:26 AM EST
Get Alerts CLB Hot Sheet
Price: $12.45 +0.48%

Rating Summary:
    9 Buy, 13 Hold, 7 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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JPMorgan analyst Sean Meakim downgraded Core Laboratories (NYSE: CLB) from Overweight to Neutral with a price target of $79.00 (from $111.00).

The analyst adjusts his Oil Services models to reflect a late cycle environment.

For an analyst ratings summary and ratings history on Core Laboratories click here. For more ratings news on Core Laboratories click here.

Shares of Core Laboratories closed at $73.10 yesterday.



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