BMO Raises Price Target on Goodrich Petroleum (GDP) to $80

June 17, 2008 9:30 AM EDT

BMO Capital raises its price target on Goodrich Petroleum (NYSE: GDP) from $60 to $80. The firm maintains an Outperform rating.

Goodrich Petroleum Corporation, an independent oil and gas company, together with its subsidiaries, engages in the exploration, exploitation, development, and production of oil and natural gas properties in the Cotton Valley trend of East Texas and Northwest Louisiana.


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