Double Hull Tankers(DHT Quote) is upgraded to a buy rating from neutral at UBS. However, UBS' price target for Double Hull dips to $15.00 from $15.75.
Nalco(NLC Quote) is upgraded to a buy rating from hold at Jefferies. The price target and fiscal 2008 EPS estimates hold at $27 and $1.30, respectively.
Goldman reinstates its rating on Transocean(RIG Quote). Goldman said it is removing the "not rated" designation from RIG and now rates shares as neutral. Goldman sees strong deepwater exposure and growth profile but cited concerns over valuation and increased jackup exposure (30% of EBITDA now vs. 15% pre-merger). Goldman keeps its price target for Transocean at $157.
Range Resources(FBR Quote) is upgraded to an outperform rating at FBR, which said positive news flow is expected before year-end. Target price is $48. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,414.14 | 1,114.05 | 2,237.66 | 36.82 |
Oil *
72.73
|
|
UP
85.25
|
UP
11.58
|
UP
25.97
|
UP
1.36
|
10 Yr
3.68%
SPDR Gold
106.95
|
|
+0.83%
|
+1.05%
|
+1.17%
|
+3.84%
|
Data delayed 20 minutes |
Connect with TheStreet