Susquehanna raises Oil States stock price target on offshore resilience
Susquehanna raised its price target for Oil States International (OIS) to $10.00 from $9.00, maintaining a Neutral rating. OIS reported Q3 2026 adjusted EPS of $0.15 (below estimate) and revenue of $170M (above estimate). Adjusted EBITDA was $20.1M, slightly above expectations. Susquehanna revised its 2026 and 2027 EBITDA estimates downward. OIS's backlog reached $482M, the highest in nearly 12 years, and free cash flow turned positive.

