Atwood Oceanics (ATW) Shares Up 3% After Analyst Upgrade

Shares of Atwood Oceanics, Inc. (NYSE: ATW) are up nearly 3% today after being upgraded by Howard Weil from Market Perform to Market Outperform with a price target of $48.

The shares closed at $33.46 the previous trading day and have traded as high as $34.66 this morning.