Credit Suisse Downgrades Hornbeck Offshore To Neutral

Analysts at Credit Suisse downgraded

from Outperform to Neutral. The price target for Hornbeck Offshore has been lowered from $36 to $18. Hornbeck Offshore shares have declined 43.78% over the past 52 weeks, while the S&P 500 index has gained 15.14% in the same period. Hornbeck Offshore's shares rose 6.44% to close at $23.63 yesterday.