Cameron downgraded to Neutral from Buy at Global Hunter Global Hunter downgraded Cameron based on expectations 2014 margins will peak due to a fall in orders in drilling. Price target cut to $64 from $68.
News For CAM From The Last 14 Days
Check below for free stories on CAM the last two weeks.
Cameron raises FY14 EPS to $4.00-$4.25 from $3.80-$4.10, consensus $3.93 Sees FY14 CapEx $450M-$500M. Focus will be on supporting rapidly expanding onshore markets and aftermarket services for Drilling Systems and OneSubsea.