Morgan Stanley Makes Ratings Changes to Several Oil & Gas Stocks

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Morgan Stanley upgrades Devon Energy (NYSE: DVN) from Equalweight to Overweight.

Morgan Stanley upgrades Bill Barrett (NYSE: BBG) from Underweight to Equalweight.

Morgan Stanley downgrades Cabot Oil & Gas (NYSE: COG) and SandRidge Energy (NYSE: SD) from Equalweight to Underweight.

Morgan Stanley downgrades Ultra Petroleum (NYSE: UPL) from Overweight to Equalweight.

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