Johnson Rice Downgrades Rowan Companies (RDC) to Equalweight
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November 5, 2012 8:01 AM EST
Dahlman Rose downgraded Rowan Companies (NYSE: RDC) from Buy to Hold.
"We are downgrading RDC to Hold based on our international jackup model that indicates marketed utilization is probably peaking at 92% currently and could decrease to 88% by YE-'13," the firm comments.... More
November 1, 2012 1:12 PM EDT
Jefferies lowers numbers on Hold-rated Rowan Companies (NYSE: RDC) following in-line Q3 results but surprisingly low Q3 guidance.
The firm comments, "Guidance for '13 surprised even our well below Street expectations and pushes our estimates and PT meaningfully lower still. However,... More
November 1, 2012 8:26 AM EDT
Tudor Pickering downgraded Rowan Companies (NYSE: RDC) from Buy to Hold.
For an analyst ratings summary and ratings history on Rowan Companies click here. For more ratings news on Rowan Companies click here.
Shares of Rowan Companies closed at $31.71 yesterday, with a 52 week range of $28.62-$39.40.... More
