Gregory Lewis

Bernstein analyst Scott Gruber downgraded offshore drillers Ensco PLC (NASDAQ: ESV), Noble Corporation (NASDAQ: NE) and Transocean Inc. (NASDAQ: RIG) to Market Perform. Gruber noted that the growth of supply has outpaced demand and that high versus low spec bifurcation should prove temporary. The...

In a report published Thursday, Credit Suisse analyst Gregory Lewis upgraded the rating on Transocean Ltd. (NYSE: RIG) from Neutral to Outperform, and reiterated the $60.00 price target. In the report, Credit Suisse noted, “We are upgrading RIG to Outperform from Neutral. Our $60 target price...

In a report published Wednesday, Credit Suisse analyst Gregory Lewis downgraded the rating on Ocean Rig (NASDAQ: ORIG) from Outperform to Neutral, and lowered the price target from $20.00 to $19.00. In the report, Credit Suisse noted, “We are downgrading ORIG to Neutral (from Outperform) and...

In a report published Wednesday, Credit Suisse analyst Gregory Lewis initiated coverage on Pacific Drilling (NYSE: PACD) with an Outperform rating and $13.00 price target. In the report, Credit Suisse noted, “We are initiating on PACD with an Outperform rating and a $13 target price which...

In a report published Tuesday, Credit Suisse analyst Gregory Lewis downgraded the rating on Tsakos Energy Navigation (NYSE: TNP) from Outperform to Neutral, but reiterated the $5.00 price target. In the report, Credit Suisse noted, “Downgrading TNP to Neutral (from Outperform) and maintaining $...