ChampionX (CHX) PT Raised to $27 at Cowen

July 30, 2021 6:24 AM EDT
Get Alerts CHX Hot Sheet
Price: $23.57 +7.92%

Rating Summary:
    5 Buy, 0 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 9 | Down: 9 | New: 34
Trade Now! 
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Cowen analyst Marc Bianchi raised the price target on ChampionX (NASDAQ: CHX) to $27.00 (from $25.00) while maintaining an Outperform rating.

The analyst commented, "CHX outperformed the OIH after guidance implying upside to 2H consensus. The outlook reflects a healthy rebound in PCT margins, by far the company's largest segment. Further upside could come from raw material price declines which are not contemplated in guidance. Maintain Outperform."

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change

Related Entities

Cowen & Co