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January 24, 2014
08:32 EDTNENoble Corp. remains favorite name in offshore drillers, says Cowen
Cowen noted the recent selloff in the offshore drilling space and highlighted Noble Corp as its favorite name in the space. The firm sees the potential for Noble to increase its dividend and likes its exposure to the high spec end of the market. Shares are Outperform rated with a $49 price target.
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