TD Cowen raised the firm’s price target on Oceaneering (OII) to $36 from $34 and keeps a Hold rating on the shares. The firm updated its model following Q1 results hich reflected strong Q1 awards and guidance which was left intact.
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Read More on OII:
- Marc Bianchi Reiterates Hold on Oceaneering, Lifts Price Target to $36 Amid Solid Execution but Balanced Risk-Reward
- Oceaneering International Balances Growth With Margin Strain
- Oceaneering reports Q1 EPS 36c, consensus 33c
- Oceaneering sees Q2 adjusted EBITDA $100M-$110M
- OII Earnings this Week: How Will it Perform?
