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Stock Market & Financial Investment News

News Breaks
February 7, 2014
07:09 EDTDODiamond Offshore downgraded to Sell from Neutral at Global Hunter
Global Hunter downgraded Diamond Offshore to Sell and reduced estimates due to lower demand for deepwater rigs and lower dayrates. The firm expects further rig deactivations in 2014 and reduced dayrates for less capable units combined with oversupply to result in idle inventory and contract gaps. Price target lowered to $38 from $61.
News For DO From The Last 14 Days
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May 8, 2015
10:01 EDTDOOn The Fly: Analyst Downgrade Summary
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06:30 EDTDODiamond Offshore downgraded to Underperform from Market Perform at FBR Capital
FBR Capital downgraded Diamond Offshore to Underperform on expectations utilization and day rates will remain under pressure through 2015. FBR cut its price target for shares to $24 following the company's Q1 results.

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