Atwood Oceanics

Atwood Oceanics, Inc. (NYSE: ATW) has been stuck in a $10-$14 trading range for the last 60 days, but the Vetr community seems to think the stock is due to breakout on the upside. The Vetr crowd upgraded Atwood Oceanics to 4.5 stars on Thursday as a Strong Buy, up from its previous 4-star...

Duncan-Williams is out with its report today on Atwood Oceanics (NYSE: ATW), reiterating Strong Buy. In a note to clients, Duncan-Williams writes, "After the close yesterday, Atwood announced a new contract for the Atwood Aurora, a jackup rig presently in the shipyard in Italy. The new contract is...

Jefferies, which raised its PT on shares of Atwood Oceanics (NYSE: ATW), is providing some color on the stock. “Although ATW retains good contract cover and represents an interesting transformation story due to its substantial deepwater and jack-up newbuild program, we continue to rate ATW shares...

Jefferies & Company has raised the price target on Atwood Oceanics (NYSE: ATW) from $42 to $44 and maintains its Hold rating.

Duncan Williams has upgraded Atwood Oceanics (NYSE: ATW) from Reduce to Strong Buy and has established a $60.75 price target.

Jefferies & Company has raised the price target on Atwood Oceanics (NYSE: ATW) from $38 to $42 and maintains its Hold rating.

Dahlman Rose has published its Offshore Drilling report today in which they noted higher than expected F4Q10 EPS for Atwood Oceanics (NYSE: ATW). ATW's F4Q10 EPS of $0.99 were higher than the Street's estimate of $0.92, and Dahlman Rose's estimate of $0.86. Reasons for the beat include, a lower tax...

Jefferies & Company has published a research report on Atwood Oceanics (NYSE: ATW) as the company maintains its good contract cover and invests in new growth. In the report, Jefferies writes "After virtually no new-build jack-up orders for 2 years, ATW placed the first ones in a flurry of 11...

Oppenheimer maintains its Outperform rating on Atwood Oceanics (NYSE: ATW) following its 4Q10 earnings beat. Atwood reported fiscal 4Q10 (Sep.) EPS of $0.99, above Oppenheimer's $0.91 estimate and consensus $0.92. In a note to clients, Oppenheimer writes, "The biggest drivers were higher revenue...

Goldman Sachs believes that Atwood Oceanics (NYSE: ATW) is embarking on a high-risk/high-reward strategy, and rates the company at Sell. In the report, Goldman Sachs writes "ATW announced this morning that it ordered two uncontracted jackups for $190 mm (each) scheduled for delivery in late 2012....

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.