Shares of DryShips (NASDAQ: DRYS) are indicated about 5.3% higher in this morning's pre-market session as we are hearing that an analyst at Credit Suisse upgraded the stock from Neutral to Outperform. The firm also boosted its price target on DryShips shares from $5 to $9.
With the stock last trading around $6.30, Credit Suisse's new price target implies potential upside of about 43%.