Brean Murray Lifts Target on PDC Energy (PDCE) on Increased Acreage Usage
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Price: $49.28 +2.52%
Rating Summary:
3 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
3 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade PDCE Now!
Brean Murray Carret & Co. boosted its price target on Buy-rated PDC Energy (NASDAQ: PDCE) from $40 to $48 on the assumption that 50% of the company's Wattenberg acreage will be developed (versus 33% previously), given the increase in expected number of drilling locations.
For an analyst ratings summary and ratings history on PDC Energy click here. For more ratings news on PDC Energy click here.
Shares of PDC Energy are up 3.5 percent to $33.74.
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For an analyst ratings summary and ratings history on PDC Energy click here. For more ratings news on PDC Energy click here.
Shares of PDC Energy are up 3.5 percent to $33.74.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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Brean Murray Carret & Co.
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