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Johnson Rice Adds McDermott (MDR) to 'Focus List'

March 1, 2012 3:50 PM EST
Get Alerts MDR Hot Sheet
Price: $0.70 --0%

Rating Summary:
    4 Buy, 15 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 8
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Shares of McDermott (NYSE: MDR) have been volatile over the last few minutes of trading as an analyst at Johnson Rice just added the stock to the firm's "Focus List."

The firm maintains an Overweight rating and $16 price target.

The analyst call follows Q4 results and guidance from McDermott Wednesday afternoon. Shares are currently up 14 percent to around $14.89.

Visit our Analyst Ratings page to track all the market-moving analyst action on shares of McDermott.


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