Jefferies Downgrades Oceaneering International To Underperform

Jefferies downgraded

from Hold to Underperform. The price target for Oceaneering International has been lowered from $52.00 to $49.00. Oceaneering International shares have dropped 21.52 percent over the past 52 weeks, while the S&P 500 index has surged 11.75 percent in the same period. Oceaneering International's shares rose 0.79 percent to close at $57.26 yesterday.