Diamond Offshore Drilling (DO) Tops Q4 EPS by 14c

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Diamond Offshore (DO) Maintains Reduce Rating at Instinet Following Results

February 7, 2017 6:54 AM EST

Nomura Instinet analyst Matthew Johnston maintains Reduce rating and $14.00 price target on Diamond Offshore Drilling (NYSE: DO), noting fourth quarter results were in line and long-term outlook remains unchanged.

Johnston comments, "DO's continued efforts to drive down costs have resulted in ten consecutive... More