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Bullish Case: Recent uptrend from two months ago suggests potential for a recovery. If market sentiments shift or new positive industry data emerges, CLB could see growth.


Bearish Case: Long-term downtrend and high P/B ratio suggest overvaluation. Imminent risks in the industry and market could lead to further price decline.


Potential Outcomes: Market adjusts to AI's lower volatility prediction leading to price stabilization (40%). Positive industry shift causes price increase (30%). Continuation of downtrend (30%).


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April 13, 2024


Core Laboratories Forecast

CLB        Core Laboratories
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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