Helix Reports Fourth Quarter 2017 Results

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Helix Energy Solutions Group, Inc. (HLX) PT Lowered to $11 at Credit Suisse

February 21, 2018 7:52 AM EST

Credit Suisse lowered its price target on Helix Energy Solutions Group, Inc. (NYSE: HLX) to $11.00 (from $14.00) while maintaining a Outperform rating.

Analyst G. Lewis notes EBITDA guidance of $150M at the midpoint was ~10% below consensus adding to the underperformance.

While management believes... More