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Enter Symbol:
Atwood Oceanics, Inc. (ATW) [hlAlert]

Neutral ATW
up 8.42 %

Atwood Oceanics, Inc. (ATW) downgraded to Neutral by Credit Suisse

Posted on: Friday,  Jan 17, 2014  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Atwood Oceanics, Inc. (NYSE: ATW) on 01/17/2014. Previously Credit Suisse rated Outperform Atwood Oceanics, Inc. (NYSE: ATW) on
08/29/2012., when the stock price was $45.96. Since then, Atwood Oceanics, Inc. has gained 8.42% as of 01/17/2014's recent price of $49.83.
If you would have followed the previous Credit Suisse's recommendation on ATW, you would have gained 8.42% of your investment in 506 days.

Atwood Oceanics, Inc., along with its international operating subsidiary, Atwood Oceanics Pacific Limited (AOPL) and related subsidiaries, is engaged in the business of international offshore drilling and completion of exploratory and developmental oil and gas wells, and related support, management and consulting services. As of September 30, 2009, the Company?s worldwide operations included nine offshore mobile drilling units located in five regions of the world: offshore Southeast Asia, offshore Africa, offshore Australia, the Mediterranean Sea and the United States Gulf of Mexico. As of September 30, 2009, the submersible Richmond was the only drilling unit working in the United States waters. As of November 24, 2009, the Company?s wholly owned and operating rig fleet included Atwood Eagle, Atwood Hunter, Atwood Falcon, Atwood Southern Cross, Seahawk, Atwood Aurora, Atwood Beacon, Vicksburg and Richmond.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/17/2014 8:25 AM Hold
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -6.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/29/2012 8:25 AM Buy
11/26/2008 8:25 AM Hold
17.64 28.00
6/25/2008 11:25 AM Hold
53.80 60.00

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