Hercules Offshore

Duncan-Williams reiterated its Strong Buy rating on Hercules Offshore (NASDAQ: HERO). At the same time, Duncan-Williams left its price target unchanged at $10.50, even though it lowered its 2011 earnings per share forecast. In a research report published today, Duncan-Williams states, "HERO...

Global Hunter is out with its report today on Hercules Offshore (NASDAQ: HERO), raising its PT from $7 to $7.50. In a note to clients, Global Hunter writes, "Hercules reported a 1Q EPS loss of ($0.12), in line with our expectations and a penny better than the street. Closure of the Seahawk...

Global Hunter is out with its report today on Hercules Offshore (NASDAQ: HERO), upgrading HERO from Neutral to Buy. In a note to clients, Global Hunter writes, "Hercules is improving its position in the US Gulf shallow water market upon acquisition of 20 Seahawk jackups with deal closure in two...

Citi, which raised its PT on shares of Hercules Offshore (NASDAQ: HERO), is providing some color on the stock. “We are raising our EPS estimates in 2011 and 2012 and introducing an EPS estimate of ($0.06) per share in 2013,” Citi writes. “Our three-year earnings trajectory is now significantly...

Citigroup has raised the price target on Hercules Offshore Inc. (NASDAQ: HERO) from $3.60 to $6 and maintains its Hold rating.

Jefferies is upgrading Hercules Offshore, Inc. (NASDAQ: HERO) to Buy from Hold. “Somewhat separate from our overall offshore thesis, we are upgrading HERO to Buy from Hold and increasing our 12-month PT to $4.50 from $3.00 as we believe the stock has the potential for several positive catalysts in...

Pritchard Morning Intelligence Oil Services Key Energy Services, Inc (NYSE: KEG) – August Update Slightly Positive – U.S. rig hours totaled 142,118 or 6,460 per day, slightly better than estimates of 141,062 and 6,412 respectively. International rig hours were 31,461 or 1,015 per day, slightly less...

Shares of Hercules Offshore, Inc. (Nasdaq: HERO) are up 7% in late afternoon trading, despite the stock being downgraded by Howard Weil from Market Outperform to Market Perform. Hercules Offshore's stock hit a 3 week low during Friday trading, so it might be bargain hunters who are now keeping the...