New York, NY -- (ReleaseWire) -- 01/22/2013 --Piper Jaffray downgraded Quiksilver, Inc. (NYSE: ZQK), from Overweight to Neutral and maintained a $4.00 price target.
ZQK, on Jan. 3, announced that its Board of Directors has appointed Andy Mooney as President and Chief Executive Officer, succeeding Quiksilver`s co-founder Bob McKnight, who has been named Executive Chairman. Mooney will also join the Quiksilver Board of Directors. All of these changes will become effective January 11, 2013.
Quiksilver, Inc. is a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding.
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Deutsche Bank reiterated their buy rating on shares of Hercules Offshore, Inc. (NASDAQ: HERO). The firm currently has a $5.00 target price on the stock, down from their previous target price of $8.00. Additionally, HERO’s stock had its target price raised by Dahlman Rose from $6.50 to $7.50 and the firm currently has a buy rating on the stock.
Hercules Offshore, Inc. (Hercules Offshore) provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry globally. It provides these services to national oil and gas companies, integrated energy companies and independent oil and natural gas operators.
Find out more on HERO by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=HERO
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