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Transocean's (RIG) Q4 EPS estimate and share price target are raised by RBC, which views recent...

Transocean's (RIG) Q4 EPS estimate and share price target are raised by RBC, which views recent downtime trends as an encouraging development that may add an upward bias to the firm's conservatively modeled utilization estimates. Expected downtime fell by 48 days for FY 2013, continuing the positive trend evident in the last several fleet status updates.
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