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HSBC: Revisions for Rowan Companies and Transocean

HSBC: Revisions for Rowan Companies and Transocean

In the week ending April 6, 2018, HSBC revised the target prices and recommendations for two offshore drillers (OIH). In this part, we’ll discuss the revisions and analysts’ consensus recommendations. HSBC reduced the target price for Rowan Companies (RDC) to $15.33 from $17.9.