Guggenheim Initiates Coverage on Several Oil & Gas Drilling & Exploration Stocks; Upgrades DO & ESV, Lowers RDC

Article Stock Quotes (13) Comments (0)

Guggenheim initiates coverage on several Oil & Gas Drilling & Exploration stocks including:

SeaDrill (Nasdaq: SDRL), National Oilwell Varco (NYSE: NOV), Noble Corp (NYSE: NE), Transocean (NYSE: RIG), Cameron (NYSE: CAM), Oceaneering (NYSE: OII), Pacific Drilling (Nasdaq: PACD) started at Buy ratings

FMC Technologies (NYSE: FTI), Atwood Oceanics (NYSE: ATW), and Dril-Quip (NYSE: DRQ) all started with Neutral ratings.

Guggenheim also upgraded Diamond Offshore (NYSE: DO) and Ensco (NYSE: ESV) from Neutral to Buy, but downgraded Rowan Companies (NYSE: RDC) from Buy to Neutral.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Deutsche Bank Upgrades Seagate (STX) to Buy; Sanmina (SANM) Cut to Sell, Flextronics (FLEX) & Fabrinet (FN) Cut to Hold
• MKM Partners Lifts PT on KB Home (KBH) After Management Meetings
• KeyBank Upgrades MDC Holdings (MDC); Cuts PulteGroup (PHM) & Ryland Group (RYL)

Create E-mail Alert Related Categories

Analyst Comments, Downgrades, Upgrades

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?