Morgan Stanley Downgrades McDermott (MDR) to Underweight

October 28, 2011 6:56 AM EDT Send to a Friend
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Price: $9.10 --0%

Rating Summary:
    6 Buy, 11 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 20 | New: 11
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Morgan Stanley downgraded McDermott (NYSE: MDR) from Overweight to Underweight with a price target of $12.00.

For more ratings news on McDermott click here and for the rating history of McDermott click here.

Shares of McDermott closed at $10.97 yesterday, with a 52 week range of $9.34-$26.14.


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