Macquarie Downgrades Rowan Companies (RDC) to Neutral, Cuts Price Target to $36

February 3, 2012 10:18 AM EST
Get Alerts RDC Hot Sheet
Price: $10.93 --0%

Rating Summary:
    15 Buy, 18 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 9 | New: 24
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Macquarie downgraded shares of Rowan Companies (NYSE: RDC) to a Neutral rating from its previous rating of Outperform, while reducing its price target from $40 to $36.

For an analyst ratings summary and ratings history on Rowan Companies click here. For more ratings news on Rowan Companies click here.

Shares of Rowan Companies closed at $36.76 yesterday.


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