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Fly News Breaks for July 12, 2018
RDC, RIG, ESV
Jul 12, 2018 | 09:20 EDT
Tudor Pickering analyst Taylor Zurcher upgraded Ensco (ESV), Transocean (RIG), and Rowan Companies (RDC) to Buy from Hold saying he believes offshore rig demand and pricing have bottomed, and sees a path to "modest" pricing momentum at the highest end of the jackup/floater rig markets.
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