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Enter Symbol:
 
Hercules Offshore, Inc. (HERO) [hlAlert]

Rating:
Outperform
HERO
down 99.07 %

Hercules Offshore, Inc. (HERO) upgraded to Outperform with price target $7 by Credit Suisse

Posted on: Monday,  Nov 9, 2009  9:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Hercules Offshore, Inc. (NASDAQ: HERO) on 11/09/2009, when the stock price was $5.40. Since
then, Hercules Offshore, Inc. has lost 99.07% as of 11/10/2015's recent price of $0.05.
If you would have followed this Credit Suisse's recommendation on HERO, you would have lost 99.07% of your investment in 2192 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.

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
11/9/2009 9:25 AM Buy
None
5.40 7.00
as of 12/31/2009
1 Week down  -36.63 %
1 Month down  -38.74 %
3 Months down  -42.03 %
1 YTD down  -42.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2009 8:25 AM Hold
None
6.20 5.00
2/11/2009 8:25 AM Hold
None
3.48 4.00
1/21/2009 9:25 AM Hold
None
4.23 5.00

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