JPMorgan Upgrades McDermott (MDR) to Overweight

May 14, 2012 7:54 AM EDT Send to a Friend
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Price: $5.20 +3.38%

Rating Summary:
    5 Buy, 16 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 19 | New: 49
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JPMorgan upgraded McDermott (NYSE: MDR) from Neutral to Overweight, price target raised from $14.50 to $16.00.

For an analyst ratings summary and ratings history on McDermott click here. For more ratings news on McDermott click here.

Shares of McDermott closed at $11.37 yesterday.

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