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Howard Weil Downgrades McDermott (MDR) to Sector Perform

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CapitalOne Downgrades McDermott (MDR) to Neutral

May 10, 2013 8:35 AM EDT

CapitalOne downgraded McDermott (NYSE: MDR) from Add to Neutral.

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

Shares of McDermott closed at $9.59 yesterday, with a 52 week range of $9.04-$13.56.... More

Stephens Downgrades McDermott (MDR) to Equal Weight

May 10, 2013 6:43 AM EDT

Stephens downgraded McDermott (NYSE: MDR) from Overweight to Equal Weight with a price target of $10.00 (from $15.00).

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

Shares of McDermott closed at $9.59 yesterday, with a 52 week range of $9.04-$13.56.... More

Johnson Rice Upgrades McDermott (MDR) to Focus List

May 10, 2013 6:43 AM EDT

Johnson Rice upgraded McDermott (NYSE: MDR) from Equalweight to Focus List with a price target of $11.00 (from $15.00).

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

Shares of McDermott closed at $9.59 yesterday, with a 52 week range of $9.04-$13.56.... More

Deutsche Bank Starts McDermott (MDR) at Hold

May 9, 2013 7:19 AM EDT

Deutsche Bank initiates coverage on McDermott (NYSE: MDR) with a Hold. PT $12.00.

The analysts commented, "We see balanced risk reward as we believe the company's strong positioning in core shallow markets along with growth prospects in new markets is offset by weak... More

McDermott International, Inc. (MDR) Misses Q1 EPS by 6c

May 8, 2013 4:13 PM EDT

McDermott International, Inc. (NYSE: MDR) reported Q1 EPS of $0.09, $0.06 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $807.5 million versus the consensus estimate of $748.58 million.

At March 31, 2013, the Companys backlog was $5.3 billion, compared to $5.8 billion and $5.1 billion at March 31, 2012 and December... More