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Enter Symbol:
Hornbeck Offshore Services (HOS) [hlAlert]

Market Perform
down 85.92 %

Hornbeck Offshore Services (HOS) downgraded to Market Perform with price target $8.50 by Cowen

Posted on: Monday,  Jan 11, 2016  8:25 AM ET by Cowen

Cowen rated Market Perform Hornbeck Offshore Services (NYSE: HOS) on 01/11/2016. Previously Cowen rated Outperform Hornbeck Offshore Services (NYSE: HOS) on
10/09/2013., when the stock price was $56.69. Since then, Hornbeck Offshore Services has lost 85.92% as of 01/11/2016's recent price of $7.98.
If you would have followed the previous Cowen's recommendation on HOS, you would have lost 85.92% of your investment in 824 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.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2016 8:25 AM Hold
7.98 8.50
as of 8/27/2015
1 Week up  7.02 %
1 Month down  -15.28 %
3 Months down  -20.13 %
1 YTD down  -62.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/9/2013 8:25 AM Buy
56.69 80.00

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