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Enter Symbol:
 
Rowan Companies, Inc. (RDC) [hlAlert]

Rating:
Outperform
RDC
down 47.07 %

Rowan Companies, Inc. (RDC) upgraded to Outperform by Raymond James

Posted on: Monday,  Feb 3, 2014  8:25 AM ET by Raymond James

Raymond James rated Outperform Rowan Companies, Inc. (NYSE: RDC) on 02/03/2014, when the stock price was $31.50. Since
then, Rowan Companies, Inc. has lost 47.08% as of 12/22/2015's recent price of $16.67.
If you would have followed this Raymond James's recommendation on RDC, you would have lost 47.07% of your investment in 687 days.

Rowan Companies, Inc. is a major provider of international and domestic offshore contract drilling services. The Company also owns and operates a manufacturing division that produces equipment for the drilling, mining and timber industries.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/3/2014 8:25 AM Buy
None
31.50
as of 10/17/2014
1 Week down  -1.66 %
1 Month down  -17.33 %
3 Months down  -28.69 %
1 YTD down  -28.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/5/2012 8:25 AM Hold
None
32.78

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