Global Hunter upgrades Transocean (RIG) to a Buy rating from Neutral after analysts meet with...

|About: Transocean Ltd. (RIG)|By:, SA News Editor

Global Hunter upgrades Transocean (RIG) to a Buy rating from Neutral after analysts meet with project managers to take a pulse on the status of the firm's operations. "While there are still many rigs left to be cycled through the yard, we feel that incrementally the business will perform up to its previous standards set." Shares +3.3% premarket.