Canaccord Starts Offshore Drillers: ESV, WFT, ATW at Buy, DO, RIG, NE at Hold

An analyst at Canaccord Genuity initiated coverage on the following Oil Well Service & Equipment stocks:

• ENSCO (NYSE: ESV) with a Buy rating and a $82 price target
  
• Weatherford International (NYSE: WFT) with a Buy rating and a $28 price target
  
• Atwood Oceanics (NYSE: ATW) with a Buy rating and a $57 price target
  
• Diamond Offshore (NYSE: DO) with a Hold rating and a $88 price target
  
• Transocean (NYSE: RIG) with a Hold rating and a $85 price target
  
• Noble Corp. (NYSE: NE) with a Hold rating and a $56 price target

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