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TD Cowen Keeps Their Buy Rating on Helix Energy (HLX)
In a report released today, James Schumm from TD Cowen maintained a Buy rating on Helix Energy (HLX – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $6.61.
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According to TipRanks, Schumm is ranked #3945 out of 9371 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Helix Energy with a $14.50 average price target.
Based on Helix Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $355.13 million and a net profit of $20.12 million. In comparison, last year the company earned a revenue of $335.16 million and had a GAAP net loss of $28.33 million
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