Global Hunter

Global Hunter is out with its report today on Rowan Companies (NYSE: RDC), lowering its PT from $44 to $41. In a note to clients, Global Hunter writes, "Rowan is among the drillers most likely to benefit from the incremental jackup work coming in Saudi Arabia, and we believe investors have...

Global Hunter is out with its report today on Hercules Offshore (NASDAQ: HERO), raising its PT from $7 to $7.50. In a note to clients, Global Hunter writes, "Hercules reported a 1Q EPS loss of ($0.12), in line with our expectations and a penny better than the street. Closure of the Seahawk...

Global Hunter is out with its report today on Superior Energy Services (NYSE: SPN), raising its PT from $44 to $49. In a note to clients, Global Hunter writes, "SPN put up 1Q EPS in line with expectations, but interest expense hampered guidance. Still, we believe operational expectations remain in...

Global Hunter is out with its report today on Oil States International (NYSE: OIS), upgrading OIS from Accumulate to Buy. In a note to clients, Global Hunter writes, "We are upgrading OIS to a Buy rating, from Accumulate, and increasing our price target to $97. We have high conviction that the...

Global Hunter is out with its report today on Whiting Petroleum (NYSE: WLL), raising its PT from $75 to $77. In a note to clients, Global Hunter writes, "Whiting Petroleum reported mixed results as higher costs were offset by higher price realization. Production was in line with our estimate while...

Global Hunter is out with its report today on TransAtlantic Petroleum (NYSE: TAT), downgrading TAT from Buy to Accumulate. In a note to clients, Global Hunter writes, "We have rebuilt our models and are reducing our Buy rating and $5 price target to Accumulate and a $3.80 price target predicated...

Global Hunter is out with its report today on Bronco Drilling (NASDAQ: BRNC), raising its PT from $11 to $13.50. In a note to clients, Global Hunter writes, "To account for our revised annual rig count forecast and increased dayrate assumptions, we are updating our 2011 and 2012 EPS estimates to $...

Global Hunter is out with its report today on Helmerich & Payne (NYSE: HP), raising its PT from $70 to $80. In a note to clients, Global Hunter writes, "We are increasing our multiple to 7x, from 6.5x, to account for the premium we expect the market to pay for HP over peers due to its...

Global Hunter is out with its report today on Hercules Offshore (NASDAQ: HERO), upgrading HERO from Neutral to Buy. In a note to clients, Global Hunter writes, "Hercules is improving its position in the US Gulf shallow water market upon acquisition of 20 Seahawk jackups with deal closure in two...

Global Hunter is out with its report today on Myriad Genetics (NASDAQ: MYGN), maintaining Neutral. In a note to clients, Global Hunter writes, "Myriad Genetics announced a partnership with BioMarin Pharmaceuticals (NASDAQ: BMRN) allowing it to use Myriad's proprietary BRACAnalysis molecular...

Global Hunter is out with its report today on Mitcham Industries (NASDAQ: MIND), upgrading shares of MIND from Accumulate to Buy. In a note to clients, Global Hunter writes, "MIND posted impressive FQ4 2011 results exceeding consensus expectations and would have matched our forecast if not for...

According to Global Hunter, Corcept Therapeutics (NASDAQ: CORT) announced its intent to submit an NDA for the use of CORLUX in Cushing's Syndrome to the FDA the week of April 11th, which is fairly in line with management's Q1:11 guidance and our expectations. Global Hunter reported that...

Global Hunter has issued a report reiterating the Buy Rating on Ossen Innovation (NASDAQ: OSN). According to the report, "Ossen has remained quiet since it's December IPO, creating concern and disappointment among many of its original investors. Our hope is that today's announcement regarding the...

Global Hunter is out with its report today on Parker Drilling (NYSE: PKD), initiating PKD at Buy with a $9 PT. In a note to clients, Global Hunter writes, "Parker Drilling offers multiple service lines and has exposure to a broad geography, and we believe the ongoing negative headlines to be fully...

According to Global Hunter Securities, Parker Drilling (NYSE: PKD) coverage is initiated with a Buy rating and a $9 price target. Global Hunter Securities reported that Parker Drilling offers multiple service lines and has exposure to a broad geography, and it believes the ongoing negative...