大摩：降中海油田服务目标价至9港元 下调盈测

Core Viewpoint - Morgan Stanley has downgraded the earnings forecasts for CNOOC Services (02883) for the next two years by 3.5% and 5% due to lower-than-expected EBIT from oil well services in the first half of the year [1] Group 1: Financial Performance - The downgrade in earnings estimates is attributed to a correction in domestic onshore service pricing and a decrease in revenue from cementing and drilling fluid businesses [1] Group 2: Target Price and Rating - Morgan Stanley has reduced the target price for CNOOC Services (601808) from HKD 10 to HKD 9 while maintaining an "Overweight" rating [1]