Superior Energy Services (SPN) Misses Q4 EPS by 1c

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Credit Suisse Downgrades Superior Energy Services (SPN) to Neutral

February 23, 2015 6:46 AM EST

Credit Suisse downgraded Superior Energy Services (NYSE: SPN) from Outperform to Neutral with a price target of $23.00 (from $27.00).

Analyst J. Wicklund notes with 66% of the company's 2014 revs coming from onshore US, expectation for near-term commodity price weakness, and slowdown duration, will only... More