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Fly News Breaks for January 23, 2018
ESV
Jan 23, 2018 | 06:04 EDT
Credit Suisse analyst Gregory Lewis downgraded Ensco to Neutral from Outperform with an unchanged price target of $8. The analyst cites valuation with the shares up 18% year-to-date and 67% since August. He adds that the Atwood acquisition makes Ensco a later-cycle play and diminishes its jackup exposure
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