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Fly News Breaks for January 20, 2017
NE
Jan 20, 2017 | 06:28 EDT
BofA/Merrill upgraded Noble Corp to Neutral and raised its price target to $8 from $7 following the updated fleet status report, highlighting five-year contract extensions on two jackups with Saudi Aramco. The analyst said the extensions were expected but said the strong rate is a positive sign for the overall jackup market.
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