NEW YORK (TheStreet) -- Transocean LLC shares are up 3.4% to $25.90 on Tuesday after Barclaysa ainitiatedacoverage on the stock with an "equal weight" rating and a $26 price target.a The LLC is a spinoffafrom Transocean Ltd and is the oil exploration company's oil rig acquisition arm. "We estimate the company can deliver distribution growth ofa12.5% p.a. through at least 2018 supported by a large inventory of assets that areaeligible for dropdown from RIGP's parent," Barclays said in a research note. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. RIGP data by YCharts EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.
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