UPDATE: RBC Capital Markets Upgrade Rowan Companies
January 08, 2014 at 10:49 AM EST
In a report published Wednesday, RBC Capital Markets analyst Kurt Hallead upgraded Rowan Companies (NYSE: RDC ) to Outperform from Sector Perform, with a $40.00 price target. According to the report, RDC is in the best relative position in the offshore drilling group given lack of exposure to the
