ION Geophysical (IO) Tops Q4 EPS by 43c

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Evercore ISI Upgrades ION Geophysical (IO) to Outperform; New Asset Light Strategy Is Firing On All Cylinders

February 9, 2018 8:40 AM EST

Evercore ISI upgraded ION Geophysical (NYSE: IO) from In Line to Outperform with a price target of $34.00.

Analyst James West commented, "Just as the offshore drillers have established a juxtaposition between "haves" and "have nots", seismic exploration companies have endured unprecedented balance sheet scrutiny. IO is one of the survivors, having committed to a... More