Macquarie Upgrades ESV, RDC, NE to Outperform, Downgrades RIG, DO, ATW to Neutral

In the Oil Well Services and Equipment sector Tuesday morning, Macquarie's Nigel Browne revised investment ratings on the following stocks:

• upgraded ENSCO (NYSE: ESV) from Neutral to Outperform, $60 price target maintained
  
• upgraded Rowan (NYSE: RDC) from Neutral to Outperform, price target raised from $45 to $48
  
• upgraded Noble (NYSE: NE) from Neutral to Outperform, price target raised from $41 to $44
  
• downgraded Transocean (NYSE: RIG) from Outperform to Neutral, price target reduced from $80 to $63
  
• downgraded Diamond Offshore (NYSE: DO) from Outperform to Neutral, price target reduced from $74 to $65
  
• downgraded Atwood Oceanics (NYSE: ATW) from Outperform to Neutral, $48 price target maintained

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