Barclays Initiates Diamond Offshore Drilling With Underweight

Analysts at Barclays initiated coverage on

with a Underweight rating. The target price for Diamond Offshore Drilling is set to $24. Diamond Offshore Drilling shares have dropped 37.91 percent over the past 52 weeks, while the S&P 500 index has surged 9.07 percent in the same period. Diamond Offshore Drilling shares rose 2.44 percent to close at $30.28 yesterday.