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Analysts Say Rosetta Resources (ROSE) Doing Outstanding Job in Eagle Ford

November 9, 2012 1:51 PM EST Send to a Friend
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Price: $53.05 --0%

Rating Summary:
    21 Buy, 7 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 17 | New: 2
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Canaccord Genuity maintained a Buy rating on Rosetta Resources (NASDAQ: ROSE) and raised its price target of $68.00 (from $64.00). Rossetta released Q3 earnings earlier this week.

Commenting on developments, analyst John Gerdes said "We are increasing our target price $4 to $68 due to stronger growth in oil production and the associated pricing benefit of a higher oil composition in the liquids stream. To repeat last quarter's commentary, Rosetta is doing an outstanding job prosecuting the development of its highly productive Eagle Ford leasehold."

For an analyst ratings summary and ratings history on Rosetta Resources click here. For more ratings news on Rosetta Resources click here.

Shares of Rosetta Resources closed at $46.12 yesterday.




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