Shares of DryShips (DRYS) Jump Following Credit Suisse's Upgrade to Outperform

December 10, 2010 7:12 AM EST Send to a Friend
Get Alerts DRYS Hot Sheet
Price: $1.91 -8.61%

Rating Summary:
    3 Buy, 6 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 21 | Down: 24 | New: 29
Trade DRYS Now!
Shares of DryShips (NASDAQ: DRYS) are indicated about 5.3% higher in this morning's pre-market session as we are hearing that an analyst at Credit Suisse upgraded the stock from Neutral to Outperform. The firm also boosted its price target on DryShips shares from $5 to $9.

With the stock last trading around $6.30, Credit Suisse's new price target implies potential upside of about 43%.

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


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