Pritchard Cuts Venoco (VQ) to Neutral Following 'Go Private' Offer
VQ Hot Sheet
Rating Summary:1 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Pritchard Capital downgraded shares of Venoco (NYSE: VQ) from Buy to Neutral Tuesday. The firm reduced its price target from $15 to $12.
The downgrade follows news of a $12.50 per share "go private" deal from its former CEO. The stock is up more than 30 percent this afternoon.
For an analyst ratings summary and ratings history on Venoco click here. For more ratings news on Venoco click here.
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The downgrade follows news of a $12.50 per share "go private" deal from its former CEO. The stock is up more than 30 percent this afternoon.
For an analyst ratings summary and ratings history on Venoco click here. For more ratings news on Venoco click here.
Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!
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