Credit Suisse Downgrades Sanchez Energy (SN) to Neutral

October 13, 2016 7:55 AM EDT
Get Alerts SN Hot Sheet
Price: $13.21 +1.77%

Rating Summary:
    12 Buy, 7 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Credit Suisse downgraded Sanchez Energy (NYSE: SN) from Outperform to Neutral with a price target of $8.00 (from $10.00) after lowering their LT WTI forecast from $67.50/bbl to $62.50. Shares have also outperformed the XOP by 57%.

For an analyst ratings summary and ratings history on Sanchez Energy click here. For more ratings news on Sanchez Energy click here.

Shares of Sanchez Energy closed at $7.71 yesterday.

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