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Hercules Offshore, Inc. (HERO) [hlAlert]

down 99.02 %

Hercules Offshore, Inc. (HERO) rated Buy with price target $8.50 by Dahlman Rose

Posted on: Wednesday,  Feb 13, 2013  10:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy Hercules Offshore, Inc. (NASDAQ: HERO) on 02/13/2013. Previously Dahlman Rose rated Buy Hercules Offshore, Inc. (NASDAQ: HERO) on
10/26/2012., when the stock price was $5.14. Since then, Hercules Offshore, Inc. has lost 99.03% as of 11/10/2015's recent price of $0.05.
If you would have followed the previous Dahlman Rose's recommendation on HERO, you would have lost 99.02% of your investment in 1110 days.

Hercules Offshore is uniquely qualified to meet operators' needs for exploration, workover and development drilling and liftboat services in shallow water depths in the Gulf of Mexico and international markets. It is dedicated to maintaining its fleets reliability and continually improving their performance. It conducts rigorous maintenance programs on all of the rigs and liftboats on a regular basis and invest in advanced equipment and safety upgrades. And it also offers a diversified fleet with a full range of vessel classes. To meet customers' needs, vessels operate in various water depths and provide a variety of crane capabilities based on vessel selection. And its fleet works for customers across the Gulf of Mexico, and they are also seeking opportunities in international areas with similar water depths and bottom conditions.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/13/2013 10:25 AM Buy
7.26 8.50
as of 12/13/2013
1 Week down  -3.42 %
1 Month down  -17.75 %
3 Months down  -20.40 %
1 YTD down  -3.88 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/20/2012 8:25 AM Buy
5.91 7.50
10/26/2012 8:25 AM Buy
5.14 6.50
5/2/2012 8:25 AM Hold
4.98 6.00
11/7/2011 8:25 AM Hold
3/8/2011 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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