Dril-Quip (DRQ) Reports Q2 EPS of $0.09

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Go back to Dril-Quip (DRQ) Reports Q2 EPS of $0.09

Dril-Quip (DRQ) PT Lowered to $43 at Cowen; Reiterates Market Perform

July 31, 2017 9:42 AM EDT

Cowen lowered its price target on Dril-Quip (NYSE: DRQ) to $43.00 (from $55.00) while maintaining a Market Perform rating. Cowen Updated 3Q EBITDA estimates to $9, down from $11 and below consensus estimates. 2017 estimates are lowered to $44 from $41, below the consensus of $45.

DRQ reiterated positive EPS... More