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

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Equity Research lowered its earnings per share estimates on Cameron International
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.
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Posted In: Analyst ColorEarningsPrice TargetAnalyst RatingsCameron InternationalEnergyEquity ResearchOil & Gas Equipment & Services
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