Nordea Securities Downgrades DryShips (DRYS) to Hold

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Imperial Capital Downgrades DryShips (DRYS) to Underperform

March 12, 2013 8:46 AM EDT

Imperial Capital downgraded DryShips (NASDAQ: DRYS) from In-Line to Underperform with a price target of $1.37 (from $2.11).

"Recent declines in the value of DRYS equity stake in ORIG have reduced NAV/share; both the drybulk and tanker markets have significant excess capacity and are... More

Jefferies Lowers Numbers on DryShips (DRYS)

March 8, 2013 8:25 AM EST

Jefferies lowered estimates and its price target on Hold-rated DryShips (NASDAQ: DRYS) from $2.50 to $2 following Q4 results that were below the firm's estimates and the consensus due to higher than expected operating expenses in the Company's drilling subsidiary.

FY13 EPS goes down from ($0.24) to... More