Citi Upgrades Pride Int'l (PDE) to Hold

June 18, 2009 8:25 AM EDT

Citi upgrades Pride Int'l (NYSE: PDE) from Sell to Hold. Price target $25.

Pride International, Inc. (Pride) is an offshore drilling contractor operating, as of February 02, 2009, a fleet of 44 rigs, consisting of two deepwater drillships, 12 semisubmersible rigs, 27 jackups and three managed deepwater drilling rigs.

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PDE 30.36

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