Equity Research Lowers PT And EPS On Cameron International (CAM)

Equity Research lowered its earnings per share estimates on Cameron International (NYSE: CAM) in a research report published today.

In the report, Equity Research states, "Our 2011 EPS estimate is being reduced to $2.55 and our 2012 EPS forecast to $3.35 (from $3.65)." Equity also downgraded its price target on Cameron from $68 to $62.

Equity currently has a Hold rating on Cameron's shares.

On Friday, Cameron's shared added 1% to their value to end the week at $52.72.