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Scotia Capital Upgraded Intrepid Potash (IPI), Downgrades EOG Resources (EOG)

December 20, 2011 2:25 PM EST
IPI Hot Sheet
Rating Summary:
    4 Buy, 6 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Scotia Capital upgraded Intrepid Potash, Inc. (NYSE: IPI) from Sector Perform to Outperform today and shares are trading well ahead of the market rally. The stock is currently up $1.44 (+6.88%). The 52-wk range is $20.75-40.22.

However, Scotia downgraded EOG Resources (NYSE: EOG) from Outperform to Sector Perform and cut its price target from $115 to $100. But, the shares are being resilient and are currently trading at $98.00, up $2.43 (+2.54%). The 52-wk range is $66.81-121.44.


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