Ensco plc to Acquire Atwood Oceanics, Inc.

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Atwood Oceanics (ATW) PT Raised to $10 at Barclays, "Adds Little Value Unless Offshore Rips"

May 31, 2017 5:24 AM EDT

Barclays raised its price target on Atwood Oceanics (NYSE: ATW) to $10.00 (from $7.00) while maintaining a Underweight rating.

Analyst David Anderson says the deal between Ensco plc (NYSE: ESV) and Atwood does not make sense... More