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Hornbeck Offshore Services (HOS) [hlAlert]

Rating:
Sell HOS
up 189.77 %

Hornbeck Offshore Services (HOS) downgraded to Sell by Goldman

Posted on: Monday,  Nov 18, 2013  9:25 AM ET by Goldman

Goldman rated Sell Hornbeck Offshore Services (NYSE: HOS) on 11/18/2013, when the stock price was $53.00. Since
then, Hornbeck Offshore Services has lost 65.49% as of 01/11/2016's recent price of $18.29.
If you would have followed this Goldman's recommendation on HOS, you would have gained 189.77% of your investment in 784 days.

Hornbeck Offshore Services, Inc. operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-base to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico and select international markets. The Company, through its subsidiaries, also operates ocean-going tugs and tank barges that provide transportation of petroleum products, primarily in the northeastern United States, Gulf of Mexico and Puerto Rico. The Company owns a 49% interest in Hornbeck Offshore Trinidad & Tobago Limited (HOTT-Ltd). HOTT-Ltd is a vessel crewing and management services company established to support the Company?s Trinidad & Tobago-based operations. The Company operates in two segments: Upstream and Downstream.

Goldman
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2013 9:25 AM Sell
None
53.00
as of 12/13/2013
1 Week up  4.80 %
1 Month up  8.86 %
3 Months up  8.86 %
1 YTD up  8.86 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2012 9:25 AM Hold
None
36.02

(*) Stock Price at the time of the recommendation.
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