Market Overview

UPDATE: FIG Partners Initiates Coverage on Core Laboratories with $145 PT

Related CLB
Jim Cramer Shares His Thoughts On Reynolds American, Netflix, Marathon Oil, Core Laboratories And EOG Resources
Benzinga's Top Upgrades

In a report published Monday, FIG Partners initiated coverage on Core Laboratories (NYSE: CLB) with a $145.00 price target.

FIG Partners noted, “We are initiating coverage of Core Laboratories with a $145 target. We believe that the company has an impeccable record in its three operating segments – reservoir description, production enhancement and reservoir management. The stock has always traded at a high PE multiple because of its competitive advantages and great reputation.”

Core Laboratories closed on Friday at $121.48.

Latest Ratings for CLB

Sep 2015Sterne AgeeMaintainsNeutral
Sep 2015RBC CapitalUpgradesSector PerformOutperform
Apr 2015ING BankDowngradesBuyHold

View More Analyst Ratings for CLB
View the Latest Analyst Ratings

Posted-In: FIG PartnersAnalyst Color Initiation Analyst Ratings


Related Articles (CLB)

View Comments and Join the Discussion!

Get Benzinga's Newsletters