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Macquarie Downgrades Rowan Companies (RDC) to Neutral, Cuts Price Target to $36

February 3, 2012 10:18 AM EST
RDC Hot Sheet
Rating Summary:
    16 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Macquarie downgraded shares of Rowan Companies (NYSE: RDC) to a Neutral rating from its previous rating of Outperform, while reducing its price target from $40 to $36.

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

Shares of Rowan Companies closed at $36.76 yesterday, with a 52 week range of $28.13-$44.83.


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