Superior Energy Services (SPN) Reports In-Line Q2 EPS

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Cowen Cuts Price Target on Superior Energy Services (SPN) Following 2Q Results

August 3, 2015 7:05 AM EDT

Cowen maintained a Market Perform rating on Superior Energy Services (NYSE: SPN), and cut the price target to $20.00 (from $29.00), following 2Q results. Superior reported operating EPS of a loss of 31c versus consensus loss of 31c. Analyst Marc Bianchi said that management expects rig counts and customer spending to remain... More