BUZZ-Helix Energy rises, Raymond James initiates coverage with 'strong buy'

Reuters

2024/09/20

** Shares of offshore energy services company Helix Energy Solutions Group rises ~6.9% to $10.52

** Raymond James initiates coverage on HLX with a "strong buy" rating

** Brokerage expects strong growth in offshore services due to increased spending in offshore oil & gas activity

** Increased offshore wind development continues to help the company's robotics business, where it specializes in site development and cable trenching operations - Raymond James

** All 5 analysts rate the stock "buy" or higher; median PT is $15 - LSEG data

** Including session moves, stock up nearly 2.14% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.Srivastava2@thomsonreuters.com;))

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gas activity</p><p>   ** Increased offshore wind development continues to help the company's robotics business, where it specializes in site development and cable trenching operations - Raymond James </p><p>   ** All 5 analysts rate the stock \"buy\" or higher; median PT is $15 - LSEG data</p><p>   ** Including session moves, stock up nearly 2.14% YTD</p><p>(Reporting by Prakhar Srivastava in Bengaluru)</p><p>((Prakhar.Srivastava2@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2265009873.SGD","symbol_name":"Eastspring Investments - Global Growth Equity AS SGD-H","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2468993683","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468993683","pubTimestamp":1726767469,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Shares of offshore energy services company Helix Energy Solutions Group    rises ~6.9% to $10.52   ** Raymond James initiates coverage on HLX with a \"strong buy\" rating    ** Brokerage expects stro","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","BK4585":"ETF&股票定投概念","BK4563":"昨日强势股","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","LU0971096721.USD":"富达环球金融服务 A","RJF":"瑞杰金融","BK4127":"投资银行业与经纪业","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","HLX":"螺旋能源","BK4179":"石油天然气设备与服务","BK4588":"碎股"},"translate_title":"BUZZ-Helix Energy上涨，雷蒙德·詹姆斯(Raymond James)首次报道“强力买入”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RJF":1,"HLX":0.9},"content_text":"** Shares of offshore energy services company Helix Energy Solutions Group    rises ~6.9% to $10.52   ** Raymond James initiates coverage on HLX with a \"strong buy\" rating    ** Brokerage expects strong growth in offshore services due to increased spending in offshore oil & gas activity   ** Increased offshore wind development continues to help the company's robotics business, where it specializes in site development and cable trenching operations - Raymond James    ** All 5 analysts rate the stock \"buy\" or higher; 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