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Replies to #8 on Cameron (CAM)

Timothy Smith

07/07/15 7:15 PM

#11 RE: stockjocky #8

Howard Weil upgrades Cameron (CAM +2.5%) to Sector Outperform from Sector Perform with a $61 price target; given CAM's robust backlog carried into the start of the year, the firm believes CAM has a fair amount of earnings visibility this year and finds management's conviction level of its shorter-cycle revenue businesses higher despite a dismal U.S. onshore rig count.