InterOil Corp. (IOC) Misses Q2 EPS by 27c

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InterOil (IOC) PT Lowered at Credit Suisse; Outperform Maintained

August 17, 2015 7:58 AM EDT

Credit Suisse analyst M. Samter lowered his price target on InterOil (NYSE: IOC) to $62.20 (from $68.00) while maintaining an Outperform rating following Q2 results and company update.

Samter commented, "JunQ Antelope-5 delivers positive testing datapoints and increases management's confidence in a two train project... More