Cowen Analyst Says Hercules Offshore a Buy Following Fire
July 24, 2013 at 13:46 PM EDT
In a report issued Wednesday morning, Cowen analyst J.B. Lowe reiterated his Outperform rating and $9.50 price target on Hercules Offshore (NYSE: HERO ), saying the fire on its 265 platform presented a solid buying opportunity. The fire, which caused shares to drop significantly on Tuesday's session, is expected to