Goldman Sachs Group, Inc. (NYSE:GS) lifted its rating for Diamond Offshore Drilling, Inc. (NYSE:DO) from Sell to Conviction Buy on Friday. In a note to clients, Goldman Sachs analysts said Diamond Offshore Drilling may see continued gains with international exposure.
Shares of the firm are trading 4.38% higher on the news at $70.24. It has reported $3.4 billion in sales over the past 12 months and is expected to report $3.4 billion in sales in the next fiscal year.
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