Newpark Resources (NR) Misses Q1 EPS by 11c

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Credit Suisse Downgrades Newpark Resources (NR) to Neutral

May 4, 2015 7:48 AM EDT

Credit Suisse downgraded Newpark Resources (NYSE: NR) from Outperform to Neutral with a price target of $10.00 (from $11.00).

Analyst J. Wicklund commented, "Small companies with highly value-added tech do not fare well in the early stages of a downcycle. Price is all that... More