Oil States (OIS) Tops Q4 EPS by 10c

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Credit Suisse Downgrades Oil States International (OIS) to Neutral

February 20, 2015 6:30 AM EST

Credit Suisse downgraded Oil States International (NYSE: OIS) from Outperform to Neutral with a price target of $43.00 (from $56.00).

The firm also cut 2015/2016 EPS estimates of $2.79/$3.27 to $1.63/$1.40.

While earnings momentum will turn positive in the 2nd-half of 2015 this should be discounted in... More