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Diamond Offshore (DO -0.2%), which rose slightly yesterday following its Q4 beat, missed out on...

Diamond Offshore (DO -0.2%), which rose slightly yesterday following its Q4 beat, missed out on today's rally after Barclays reiterated an Underperform. The firm believes part of Diamond's oil rig fleet has become outdated, and thus competitively "disadvantaged." This, in Barclays' view, offsets solid execution and a strong pricing environment for deepwater drilling.
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