Helix Energy Solutions Group (HLX) Reports In-Line Q2 Loss of 10c/Share

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Simmons Raises Price Target on Helix Energy Solutions Group (HLX) Following 2Q Review

July 21, 2016 8:07 AM EDT

Simmons reiterated an Overweight rating on Helix Energy Solutions Group, Inc. (NYSE: HLX), and raised the price target to $10.00 (from $9.10), following a 2Q earnings review. EBITDA guidance was reduced from $100-$130M to $90- $120M, with mostly due to the delayed startup of... More