Diamond Offshore Drilling (DO) Tops Q1 EPS by 37c

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Go back to Diamond Offshore Drilling (DO) Tops Q1 EPS by 37c

Simmons Raises Price Target as Diamond Offshore Drilling (DO) Exceeds 1Q Expectations

May 3, 2016 8:37 AM EDT

Simmons maintained a Neutral rating on Diamond Offshore Drilling (NYSE: DO), and raised the price target to $19.25 (from $19.00), following the company's 1Q earnings report. DO reported Q1 EPS of $0.64 beat the Street's estimates of $0.27. Lower tax rate contributed $0.12 of the... More