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Standpoint Research Starts Diamond Offshore (DO) at Accumulate

January 31, 2011 10:41 AM EST
Get Alerts DO Hot Sheet
Price: $13.99 --0%

Rating Summary:
    8 Buy, 17 Hold, 14 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 3 | Down: 7 | New: 13
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Standpoint Research initiates coverage on Diamond Offshore (NYSE: DO) with a Accumulate rating and $88 price target.

The firm sees 25% upside. "Diamond reports Q4 on Thursday and in the near-term the risk in this name is above average. We are looking out 12-24 months on this one."

For more ratings news on Diamond Offshore click here and for the rating history of Diamond Offshore click here.

Shares of Diamond Offshore closed at $70.19 yesterday.


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