Goldman Sachs Starts LINN Energy (LINE) at Neutral

Article Related Articles (3) Stock Quotes (1) Comments (0)

Goldman Sachs initiates coverage on LINN Energy (NASDAQ: LINE) with a Neutral. PT $47.00.

The firm comments, "While we are positive on Linn's flexible production program, highly hedged cash flows and low-risk asset base, we remain concerned about its natural gas liquid (NGL) exposure, high maintenance spending and reliance on the capital markets. We see long-term distribution growth of 3-5%, below the 5-6% we see for Energy MLPs."

For an analyst ratings summary and ratings history on LINN Energy click here. For more ratings news on LINN Energy click here.

Shares of LINN Energy closed at $38.87 yesterday, with a 52 week range of $34.43-$42.57.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Howard Weil Upgrades LINN Energy (LINE) to Outperform
• UPDATE: UBS Starts Insmed (INSM) at Buy
• Notable 52-Week Highs and Lows of the Day 06/18: (CYTK) (GE) (SPRD) High; (FIO) (LINE) (PANW) Low

Create E-mail Alert Related Categories

New Coverage

Related Entities

Goldman Sachs

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?