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Stock Market & Financial Investment News

News Breaks
March 4, 2013
07:26 EDTMDRMcDermott downgraded to Neutral from Buy at Global Hunter
Global Hunter downgraded McDermott based on increased risk from its ongoing transition, lower margins, and growing backlog in a loss position. Price target lowered to $11 from $14.
News For MDR From The Last 14 Days
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April 26, 2015
12:50 EDTMDRApple, Celgene, others are 'top picks' for spring, Barron's says
In a survey of U.S. money managers, shares of Apple (AAPL), Dow Chemical (DOW), American Airlines (AAL), Celgene (CELG), General Motors (GM), and McDermott (MDR) were identified as top picks for this spring, Barron's contends in its cover story. Reference Link
April 14, 2015
10:01 EDTMDROn The Fly: Analyst Upgrade Summary
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05:36 EDTMDRMcDermott upgraded to Outperform from In-Line at Imperial Capital
Imperial Capital upgraded McDermott to Outperform saying the company will benefit from growing demand for offshore oil and gas construction services. The firm raised its price target for shares to $6 from $4.

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