UPDATE: RS Platou Markets Reiterates Noble Corporation at Neutral on

RS Platou Markets maintained Noble Corporation NE with a Buy rating and a $42.00 price target. RS Platou Markets commented, "Noble Corp's (NE) board today announced that it will ask shareholders to almost double its dividend for 2013-14, from current USD 0.13 to USD 0.25. We view this as a positive step, but the proposed level is still well below the threshold of a meaningful dividend that could lead to a material revaluation of the stock, in our view." Noble Corporation closed at $41.42 on Friday.