Zacks Investment Research upgraded shares of GEOSPACE TEC CP (GEOS) from NEUTRAL to OUTPERFORM on October 03, 2012, with a target price of $131.00.
Oyo Geospace Corp. designs and manufactures instruments and equipment used in the acquisition and processing of seismic data and the commercial graphics industry. They market their products primarily to the oil and gas industry worldwide. Geoscientists use seismic data to map potential or existing oil and gas bearing formations and the geologic structures that surround them. Seismic data is used primarily in connection with the exploration, development and production of oil and gas.
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