Close

UPDATE: Piper Sandler Downgrades Helix Energy Solutions Group, Inc. (HLX) to Neutral

Go back to UPDATE: Piper Sandler Downgrades Helix Energy Solutions Group, Inc. (HLX) to Neutral

Helix Energy Solutions Group, Inc. (HLX) PT Lowered to $6.50 at Cowen

July 28, 2021 6:27 AM EDT

Cowen analyst Marc Bianchi lowered the price target on Helix Energy Solutions Group, Inc. (NYSE: HLX) to $6.50 (from $7.00) while maintaining an Outperform rating.

The analyst commented, "Lack of progress on two key expiring contracts in Brazil drove severe underperformance relative to... More