FBR Capital Downgrades Diamond Offshore Drilling To Underperform

Analysts at FBR Capital downgraded

from Market Perform to Underperform. The price target for Diamond Offshore Drilling has been lowered from $30.00 to $24.00. Diamond Offshore Drilling shares have dropped 34.91 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent in the same period. Diamond Offshore Drilling shares fell 4.60 percent to close at $33.21 yesterday.