Jefferies Downgrades Oceaneering International To Underperform


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Jefferies downgraded

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Oceaneering International (NYSE: OII) 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.
Posted In: DowngradesAnalyst RatingsJefferies