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Transocean Ltd. (NYSE:RIG) Secures Significant Contract and Receives Positive Price Target from Morgan Stanley
Financial Modeling Prep· 2025-12-16 05:04
Morgan Stanley sets a price target of $4.50 for Transocean Ltd. (NYSE:RIG), indicating a potential upside of approximately 10.7%.Transocean secures a $130 million contract for its Deepwater Skyros drillship in Australia, enhancing its industry position.The stock's current price is $4.07, with a year's fluctuation between $4.56 and $1.97, showcasing significant volatility.Transocean Ltd. (NYSE:RIG) is a prominent player in the offshore drilling services sector, specializing in providing drilling services for ...