- 4-Week # shares sold: 44,842
- 12-Week # shares sold: 44,842
- 24-Week # shares sold: 44,842
Industry followers continue to see M&A as a way to fuel a turnaround for the beaten down space, and are now looking for first movers with oil above $50.
Rowan's (RDC) stock rating was cut to 'sell' at Societe Generale on Monday morning.
Jefferies reduced Rowan's (RDC) price target to $17, noting that the contracted floater rigcount is likely to decelerate in the near-term.