McDermott downgraded to Underperform from Outperform at Macquarie Macquarie downgraded McDermott two notches to Underperform from Outperform due to uncertainty from the CEO transition. The firm believes the CEO change reduces the likelihood McDermott will be acquired and sees additional management turnover in the future. Price target lowered to $7.50 from $9.
News For MDR From The Last 14 Days
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