Morgan Stanley Boosts Price Targets on Oil Service/Drillers: HERO, BHI, CAM, More...
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Morgan Stanley raised their price targets on a number of oil service/drilling companies today:
Hercules Offshore, Inc. (Nasdaq: HERO) from $47 to $50 (Overweight)
Baker Hughes Inc. (NYSE: BHI) from $115 to $120 (Overweight)
Cameron International (NYSE: CAM) from $70 to $73 (Overweight)
National Oilwell Varco (NYSE: NOV) from $95 to $100 (Equal Weight)
Rowan Companies Inc. (NYSE: RDC) from $51 to $56 (Equal Weight)
Patterson-UTI Energy Inc. (Nasdaq: PTEN) from $29 to $31 (Underweight)
Transocean, Inc. (NYSE: RIG) from $160 to $170 (Underweight)
Pride International Inc. (NYSE: PDE) from $43 to $45 (Underweight)
Nabors Industries Ltd. (NYSE: NBR) from $42 to $46 (Underweight)
Ensco International Inc. (NYSE: ESV) from $80 to $85 (Underweight)
BJ Services Company (NYSE: BJS) from $31 to $33 (Underweight)
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