Noble Corp. price target lowered to $45 from $48 at Argus Argus cut its price target on Noble Corp. as the firm lowered its 2014 EPS estimate for the company to reflect its forecast of an abundance of newbuild rigs this year. However, the firm thinks that investors are underestimating the company's long-term earnings power, and it keeps a Buy rating on the shares.
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.