Shares of Oceaneering International (NYSE: OII) jumped 10% out of the gate Thursday morning, after the maker of remotely operated vehicles (ROVs -- deep-sea submersible robots) received its third buy rating in a month from a Wall Street firm.
Last month, Merrill Lynch and Wolfe Research initiated coverage of Oceaneering stock with buy-equivalent ratings and price targets of $17 and $18, respectively. (Oceaneering stock is selling for $14.59 per share as of 10:30 a.m., off its earlier high but still up 8.3%).
Today, it's Evercore ISI jumping on board with an upgrade from "in line" to "outperform."