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Deutsche Bank: Hope Is Not Lost For Offshore Drillers
Monday, September 28, 2015 - 3:19pm | 425Despite recent price weakness, Deutsche Bank maintains its long-term bullish outlook for offshore drillers. The recovery in demand will likely not occur before 2017. The turnaround will likely require major restructuring from many drillers. In a new report, Deutsche Bank analyst Mike Urban...
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Pacific Drilling, Seadrill Downgraded At Credit Suisse; Notes Drilling Recovery Delayed Until At Least 2018
Thursday, September 3, 2015 - 8:14am | 393In a report published Thursday, Credit Suisse analyst Gregory Lewis maintained an Underperform rating on the entire Offshore Drillers sector, while simultaneously downgrading Seadrill Ltd (NYSE: SDRL) to Underperform from Neutral (with a price target lowered to $5 from a previous $7) and Pacific...
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Calls Of Note: Wall Street Research Moving The Market On Thursday
Thursday, August 13, 2015 - 1:35pm | 1224The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Morgan Stanley: Initiating Intercept Pharmaceutical At Underperform Andrew Berens of Morgan Stanley initiated coverage of Intercept Pharmaceuticals...
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Barclays Sees Trouble For Offshore Drillers
Thursday, August 13, 2015 - 7:52am | 511In a report published Thursday, Barclays analyst J. David Anderson argued that Offshore Drillers stocks could see further downside despite already declining around 30 percent on average since June 11. Anderson continued that floater retirements have stalled recently, making little headway for...
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7 Stocks Mined From The Bottom Decile
Tuesday, September 16, 2014 - 9:57am | 1048Whenever academics, geeks and quant jockeys get together to talk about markets and stocks, a few catch phrases are likely to dominate much of the conversation. One is "anomalies" -- those pesky little factors that cannot be explained away by the efficient market theory. The other is...