Noble Corp. downgraded to Market Perform from Outperform at Wells Fargo Wells Fargo downgraded Noble Corp. and others in the Offshore Drilling sector citing the possibility for rate cuts amid downtime between contracts. The firm lowered its price target range for shares to $33-$35 from $46-$48.
News For NE From The Last 14 Days
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Noble Corp. upgraded to Market Perform from Underperform at BMO Capital BMO upgraded the offshore drillers to Market Perform from Underperform citing valuation, reduced expectations, and a slow resumption in activity. Price target remains $33.