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Wells Fargo & Co. began coverage on shares of Transocean Partners (NASDAQ:RIGP) in a research note issued on Monday. The firm set an “outperform” rating on the stock.

Transocean Partners (NASDAQ:RIGP) opened at 24.31 on Monday. Transocean Partners has a 1-year low of $21.90 and a 1-year high of $25.50. The stock’s 50-day moving average is $24.21 and its 200-day moving average is $24.21. The company has a market cap of $1.677 billion and a P/E ratio of 8.68.

Transocean Partners LLC (NASDAQ:RIGP) is a growth-oriented limited liability company.

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