Morgan Keegan Reiterates Outperform and PT of $21 on Helix Energy Solutions

Morgan Keegan reiterated its Outperform rating on Helix Energy Solutions (NYSE: HLX). At the same time, Morgan Keegan left its price target on the company's stock unchanged at $21.

In a research report published today, Morgan Keegan states, "Like much of the rest of the energy sector, Helix's share price has retreated along with WTI crude oil prices. We believe this has created a more attractive entry point for investors even as the fundamentals and actual operations have been improving."

On Monday, Helix closed the day at $15.02.