Core Laboratories (CLB -6.4%) takes a hit after FBR Capital cuts the stock to Market Perform on...

|About: Core Laboratories (CLB)|By:, SA News Editor

Core Laboratories (CLB -6.4%) takes a hit after FBR Capital cuts the stock to Market Perform on relative valuation. The firm says that despite its leadership position in the reservoir optimization niche and strong free cash flows, the stock is fairly valued among its peers.