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One More Downgrade Comes in for Diamond Offshore

One More Downgrade Comes in for Diamond Offshore

The remaining 41% recommend a “sell” for Diamond Offshore stock. Its consensus 12-month target price of $19.93 implies a downside of 27.6%, based on its current market price of $19.9 on January 11, 2018. While it’s important to look at analysts’ current ratings, recent changes to recommendations and target prices provide insight into the latest changes in the market sentiment for a stock.