ISI Group Initiates Core Laboratories With Buy

Analysts at ISI Group initiated coverage on Core Laboratories N.V. (NYSE: CLB) with a Buy rating.

The target price for Core Laboratories is set to $151.

Core Laboratories shares have declined 27.02% over the past 52 weeks, while the S&P 500 index has surged 7.46% in the same period.

Core Laboratories' shares gained 3.63% to close at $138.56 yesterday.