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Fly News Breaks for May 13, 2016
RIG
May 13, 2016 | 07:42 EDT
Seaport Global analyst Mark Brown upgraded Transocean to Neutral and raised its price target to $10 from $8.50. The analyst believes Transocean will soon raise secured debt to increase its long-term liquidity, which should act as a short-term catalyst for shares.
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