UBS Initiates Coverage on Hercules Offshore (HERO) with a Neutral

May 15, 2008 7:47 AM EDT

UBS initiates coverage on Hercules Offshore (Nasdaq: HERO) with a Neutral. Price target $35.

Hercules Offshore, Inc. (Hercules Offshore) provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry in the United States, Gulf of Mexico and internationally.


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