HELX Helix Energy Solutions Grp. (MM)

Hoefer & Arnett Downgrades Rating on Helix Technology (HELX) From Buy to Hold SAN FRANCISCO, Oct. 22 /PRNewswire-FirstCall/ -- While Helix Technology (NASDAQ:HELX) turned another profitable quarter, we are downgrading the stock from buy to hold due to the general weakening of the semi equipment market. Trading (415) 658-0744 All expressions of opinion reflect the judgment of the Research Department of Hoefer & Arnett, Inc. at this date and are subject to change. We have obtained information from sources considered reliable, but we do not guarantee that the foregoing report is accurate or complete. Other departments of Hoefer & Arnett, Inc. may have information, which is not available to the Research Department about companies mentioned in this report. Hoefer & Arnett, Inc., or its affiliates may execute transactions in the securities mentioned in this report, which may not be consistent with the report's conclusions. Hoefer & Arnett, Inc. may perform investment banking or other services for, or solicit investment-banking business from any company mentioned in this report. Partners, officers, employees and accounts controlled by Hoefer & Arnett, Inc. may own shares of any company mentioned herein. Hoefer & Arnett Incorporated is a member of the National Association of Securities Dealers, CRD number 10883. DATASOURCE: Hoefer & Arnett Incorporated CONTACT: Mark Miller, Analyst, , or Sharlena Bolden, Research Coordinator, , both of Hoefer & Arnett Incorporated, +1-415-362-7111 Web site: http://www.hoeferarnett.com/

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