Frank’s International N.V. Announces Second Quarter 2017 Results

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Frank's International (FI) PT Lowered to $8.50 at Jefferies Following 2Q

August 8, 2017 8:07 AM EDT

Jefferies lowered its price target on Frank's International (NYSE: FI) to $8.50 (from $10.50) while maintaining a Hold rating. 2Q revealed the challenges in calibrating expectations for GoM results going forward.

Analyst Brad Handler lowered 2017 and 2018 EPS estimates to ($0.42)/($0.25) from ($0.40)/($0.20) primarily on weaker... More