Oil States price target raised to $5.50 from $4.50 at Susquehanna

Susquehanna raised the firm’s price target on Oil States to $5.50 from $4.50 and keeps a Neutral rating on the shares. The firm have updated its model following 2Q earnings and the outlook for 2024 is relatively the same, and there is a slight adjustment to their 3Q/2024 EBITDA estimates.