Atwood Oceanics (ATW) Tops Q2 EPS by 33c

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Jefferies Downgrades Atwood Oceanics (ATW) to Hold

May 9, 2016 8:39 AM EDT

Jefferies downgraded Atwood Oceanics (NYSE: ATW) from Buy to Hold with a price target of $9.00 (from $12.00).

Analyst Eduardo Royes commented, "We downgrade shares to Hold from Buy as the premise of our rating was Balance Sheet improvement, which has largely played out. Shares... More

Simmons Raises Price Target on Atwood Oceanics (ATW) to $19; Reiterates Overweight

May 9, 2016 8:36 AM EDT

Simmons reiterated an Overweight rating on Atwood Oceanics (NYSE: ATW), and raised the price target to $19.00 (from $18.00), following the company's 2Q earnings report. Management indicated that they are actively engaged in contract negotiations for most of their 7 currently working rigs, with the jackup Beacon in the Med an exception as this rig will... More

Atwood Oceanics (ATW) Advances to Session High

May 6, 2016 10:27 AM EDT

Atwood Oceanics (NYSE: ATW) gained Friday, rising 26%. Yesterday the company reported Q2 results.

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