Core Laboratories

RBC Capital raised the price target on Core Laboratories to $117 from $110 and downgraded its rating to Sector Perform from Outperform at RBC Capital.

Pritchard Capital provided color on the oil services. In a research report published today, Pritchard states, "The Oil Service Index (OSX-250.48) retreated 2.5% last week to underperform the S&P 500 (1,271.50) by 250 bp. The majority of shares in our universe traded lower; production services...

The Oil Service Index (OSX) closed the week at 269.70, up 0.7% on the week and up 10.0% YTD, Jefferies reports. The S&P 500 rose 1.4% on the week and is now up 5.7% YTD. “Last week, the top three performers in our coverage universe were Oil States International Inc. (NYSE: OIS) (+9.0%), Core...

Wunderlich reports on Transocean (NYSE: RIG): that "reserve and production estimates depend on many assumptions that may turn out to be inaccurate. Any material change in these figures could materially change our estimates." Wunderlich remains cautious offshore and intends to focus on oil and gas...