Credit Suisse Downgrades Laredo Petroleum (LPI) to Underperform

October 13, 2016 7:53 AM EDT
Get Alerts LPI Hot Sheet
Price: $12.75 -1.24%

Rating Summary:
    10 Buy, 19 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 20 | New: 30
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Credit Suisse downgraded Laredo Petroleum (NYSE: LPI) from Neutral to Underperform and maintained a price target of $9.00 after lowering their LT WTI forecast from $67.50/bbl to $62.50. Shares have also outperformed the XOP by 37%.

For an analyst ratings summary and ratings history on Laredo Petroleum click here. For more ratings news on Laredo Petroleum click here.

Shares of Laredo Petroleum closed at $13.03 yesterday.

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