RPC Inc (RES) Misses Q2 EPS by 5c
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Cowen Cuts Price Target on RPC Inc (RES) to $16 Following 2Q Earnings Report
July 30, 2015 10:15 AM EDTCowen maintained an Outperform rating on RPC Inc. (NYSE: RES), and cut the price target to $16.00 (from $20.00), following 2Q earnings. EPS loss of -$0.16 was lower than consensus estimate of -$0.14.
Analyst Marc Bianchi commented, "RPC continues to invest in equipment to be... More
