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February 27, 2013
07:33 EDTGLFGulfMark Offshore sell-off on earnings miss overdone, says Citigroup
Citigroup views the post-earnings pullback in shares of GulfMark Offshore as overdone and reiterates a Buy rating on the stock with a $50 price target. Citi continues to view GulfMark Offshore as an acquisition candidate and says the factors that drove the earnings miss are temporary.
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