SunTrust Downgrades Goodrich Petroleum (GDP) to Reduce
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SunTrust Robinson Humphrey downgrades Goodrich Petroleum (NYSE: GDP) from Neutral to Reduce with a $30 price target, citing valuation.
Goodrich Petroleum Corporation, an independent oil and gas company, together with its subsidiaries, engages in the exploration, exploitation, development, and production of oil and natural gas properties in the Cotton Valley trend of East Texas and Northwest Louisiana.
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