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ChampionX (CHX) PT Raised to $29 at Cowen

October 29, 2021 7:02 AM EDT

Cowen analyst Marc Bianchi raised the price target on ChampionX (NASDAQ: CHX) to $29.00 (from $27.00) while maintaining an Outperform rating.

The analyst commented, "CHX's 4Q guide was better than feared, bracketing consensus. PCT margins remain depressed due to inflation but could be setting up for... More