By: Benzinga
UPDATE: Citigroup Initiates Coverage on Hornbeck Offshore Services with Buy Rating, $60 PT
In a report published Friday, Citigroup initiated coverage on Hornbeck Offshore Services (NYSE: HOS ) with a Buy rating and $60.00 price target. Citigroup noted, “We are initiating coverage of Hornbeck Offshore Services, Inc. (HOS) with a Buy rating and $60 price target, implying a 72% estimated total return. Our
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