Friday, July 8, 2011

Ratings on Oracle (ORCL) (RIG) (MRO) (AMAT) Reiterated

Ratings on shares of Transocean (NYSE: RIG), Applied Materials, Inc. (NASDAQ: AMAT), Marathon Oil Co. (NYSE: MRO) and Oracle (NASDAQ: ORCL) were reiterated by analysts.

Gabelli reiterated a “buy” rating on Transocean (RIG).

Stifel Nicolaus reiterated a “buy” rating on Applied Materials, Inc. (AMAT).

The Benchmark Company reiterated a “sell” rating on Marathon Oil Co. (MRO). They have a price target of $23.00 on the company.

Piper Jaffray reiterated an “overweight” rating on Oracle (ORCL).

Transocean closed Thursday at $62.47, gaining $0.24, or 0.39 percent. Applied Materials ended the session at $13.44, climbing $0.40, or 3.03 percent. Marathon Oil closed at $33.10, jumping $0.29, or 0.88 percent. Oracle closed at $34.09, up $0.88, or 2.65 percent.

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