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Helix Energy price target raised to $13 from $11 at TD Cowen

TD Cowen analyst James Schum raised the firm’s price target on Helix Energy to $13 from $11 and keeps an Outperform rating on the shares. The firm noted the company has been long known for its well intervention and robotics services and now boasts a very attractive shallow water decommissioning business, which now appears to be hot after years/decades of unfulfilled promise.

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