Jefferies Upgrades Atwood Oceanics (ATW) to Buy
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Price: $9.32 --0%
Rating Summary:
5 Buy, 16 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
5 Buy, 16 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies upgraded Atwood Oceanics (NYSE: ATW) from Hold to Buy and raises their price target from $44 to $52.
The firm said, "With the jack-up and UDW rig segments on the verge of achieving real pricing power for the first time in several years, we are taking a more positive stance on the offshore drillers."
For more ratings news on Atwood Oceanics click here and for the rating history of Atwood Oceanics click here.
Shares of Atwood Oceanics closed at $44.22 yesterday.
The firm said, "With the jack-up and UDW rig segments on the verge of achieving real pricing power for the first time in several years, we are taking a more positive stance on the offshore drillers."
For more ratings news on Atwood Oceanics click here and for the rating history of Atwood Oceanics click here.
Shares of Atwood Oceanics closed at $44.22 yesterday.
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