Transocean (RIG) Tops Q1 EPS by 50c

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Evercore ISI Maintains Sell on Transocean (RIG), But Says Earnings Have Positive Implications

May 7, 2015 10:47 AM EDT

Evercore ISI maintained a Sell rating on Transocean Ltd. (NYSE: RIG) with a price target set at $12, despite earnings showing a positive implication for the stock. 1Q15 report showed an operating EPS of $1.10, which is above the estimate and consensus of $0.65. RIG, has announced plans... More