KeyBanc Downgrades McDermott (MDR) to Hold

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Global Hunter Securities Downgrades McDermott (MDR) to Neutral

March 4, 2013 7:57 AM EST

Global Hunter Securities downgraded McDermott (NYSE: MDR) from Buy to Neutral with a price target of $11.00 (from $14.00).

For an analyst ratings summary and ratings history on McDermott click here. For more ratings news on McDermott click here.

Shares of McDermott closed at $10.70 yesterday, with a 52 week range of $9.04-$15.35.... More

McDermott International, Inc. (MDR) Misses Q4 EPS by 6c, Guides FY13

February 28, 2013 4:16 PM EST

McDermott International, Inc. (NYSE: MDR) reported Q4 EPS of $0.17, $0.06 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $996 million versus the consensus estimate of $981.49 million.

McDermott International, Inc. sees FY2013 revenue of $3 million, versus the consensus of $3.13 million.
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