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OMS Energy initiated with a Buy at Roth Capital

Roth Capital analyst Gerry Sweeney initiated coverage of OMS Energy (OMSE) with a Buy rating and $10 price target The firm says the company provides equipment and services to oil and gas companies through 11 manufacturing and distribution centers in the Middle East and North Africa. Roth believes the Saudi Aramco contract highlights OMS’s capabilities and that the company’s independence focus provides growth potential.

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