William Blair Downgrades McDermott (MDR) to Market Perform

October 28, 2011 8:55 AM EDT Send to a Friend
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Price: $8.93 -1.87%

Rating Summary:
    6 Buy, 11 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
Trade MDR Now!
William Blair downgraded McDermott (NYSE: MDR) from Outperform to Market Perform, price target cut from $20 to $13.

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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