Rowan Companies (RDC +1.3%) trades up on the day after being raised to outperform at Macquarie...

|About: Rowan Companies plc (RDC)|By:, SA News Editor

Rowan Companies (RDC +1.3%) trades up on the day after being raised to outperform at Macquarie on valuation. The firm cites Rowan's top-tier jack-up fleet and recent entry into the deepwater market as a positive driver for future earnings.