UPDATE: Jefferies Color On RDC 4Q

Jefferies, which raised its PT on shares of Rowan Companies, Inc. RDC, is providing some color on the stock. Jefferies is increasing is EPS for 2011-2013; 2011 goes to $2.34, 2012 goes to $3.75, and 2013 goes to $4.20. Rowan Companies closed Friday at $42.45.