Oil States (OIS) Tops Q2 EPS by 5c

Go back to Oil States (OIS) Tops Q2 EPS by 5c

Simmons Cuts Price Target on Oil States (OIS) to $32; Reiterates Overweight

July 28, 2016 8:39 AM EDT

Simmons maintained an Overweight rating on Oil States International (NYSE: OIS), and cut the price target to $32.00 (from $38.00), following a review of the company's 2Q.

Analyst Bill Herbert commented, "Well-crafted call. Management is endorsing ~50-100% sequential incrementals for Well Site... More