Valaris Downgraded to Neutral by BTIG After 40% Rally on Merger News
ByAinvest
Monday, Mar 9, 2026 2:59 pm ET1min read
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Valaris' stock price has risen 40% since the announcement of its merger with Transocean. Despite this, BTIG Research downgraded Valaris to Neutral from Buy, citing the stock's run-up. The company's shares have risen alongside crude oil prices.
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