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Helix Energy price target lowered to $15 from $16 at TD Cowen
The Fly

Helix Energy price target lowered to $15 from $16 at TD Cowen

TD Cowen lowered the firm’s price target on Helix Energy (HLX) to $15 from $16 and keeps a Buy rating on the shares. The firm thinks the recent weakness is overdone and the risk/reward is very favorable for investors. The company has several long-term contracts and exposure to a growing offshore wind market.

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