Form 10-Q Transocean Ltd. For: Jun 30

Go back to Form 10-Q Transocean Ltd. For: Jun 30

Transocean (RIG) PT Raised to $2.50 at Cowen

August 5, 2021 6:31 AM EDT

Cowen analyst Marc Bianchi raised the price target on Transocean (NYSE: RIG) to $2.50 (from $2.00) while maintaining a Market Perform rating.

The analyst commented, "We are becoming increasingly optimistic regarding the company's liquidity challenges in 2023 and beyond and slightly raise our estimates and price target... More