SandRidge Permian Trust (PER) Sinks on Downgrades

February 6, 2013 3:37 PM EST
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Price: $4.10 +3.02%

Rating Summary:
    0 Buy, 6 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 35 | Down: 25 | New: 13
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SandRidge Permian Trust (NYSE: PER) has been under heavy pressure Wednesday after RBC Capital downgraded the oil and natural gas trust from Outperform to Sector Perform with a price target of $17.00 (from $18.00). Oppenheimer also downgraded the stock - from Outperform to Market Perform.

For an analyst ratings summary and ratings history on SandRidge Permian Trust click here. For more ratings news on SandRidge Permian Trust click here.

Shares of SandRidge Permian Trust are down 5.86% to $17.37

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