Jefferies, Citigroup Revised Their Offshore Stock Recommendations
In the week ended January 5, 2018, Jefferies and Citigroup revised their target prices and recommendations for offshore drilling stocks. On January 5, 2018, Citigroup raised its target price for Ensco (ESV) to $7.7 from $7.5. Earlier, Jefferies raised its target price to $6 and maintained a “hold” rating on Ensco.