Why Core Labs Stock Slumped This Week

·2 min read
Why Core Labs Stock Slumped This Week

Shares of Core Laboratories (NYSE: CLB) had declined 13.3% over the past week as of 3:15 p.m. EDT on Thursday. On Monday, an analyst from Citi downgraded shares of Core Labs from neutral to sell. The analyst also set their price target at $36 per share, still about 15% below the most recent price.

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