Stifel Maintains Buy on Oil States International, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro maintains a Buy rating on Oil States International (OIS) but lowers the price target from $12 to $10.

April 30, 2024 | 11:48 am
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Oil States International but lowers the price target from $12 to $10.
While the reduction in price target could suggest a tempered outlook on the stock's potential upside, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the analyst's ongoing endorsement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100