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Hercules Offshore, Inc. (HERO) [hlAlert]

down 98.90 %

Hercules Offshore, Inc. (HERO) rated Outperform with price target $7 by Cowen

Posted on: Tuesday,  Feb 11, 2014  8:25 AM ET by Cowen

Cowen rated Outperform Hercules Offshore, Inc. (NASDAQ: HERO) on 02/11/2014, when the stock price was $4.57. Since
then, Hercules Offshore, Inc. has lost 98.91% as of 11/10/2015's recent price of $0.05.
If you would have followed this Cowen's recommendation on HERO, you would have lost 98.9% of your investment in 637 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.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/11/2014 8:25 AM Buy
4.57 7.00
as of 10/17/2014
1 Week down  -6.17 %
1 Month down  -45.06 %
3 Months down  -58.25 %
1 YTD down  -63.45 %

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