Goldman Sachs Upgrades SandRidge Energy (SD) to Neutral
SD Hot Sheet
Rating Summary:8 Buy, 9 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 25 | Down: 12 | New: 36
Goldman Sachs upgrades SandRidge Energy, Inc. (NYSE: SD) from Sell to Neutral, with a $13 price target.
The firm said shares now appropriately discount concerns about expected negative free cash flow in 2010 and less favorable catalysts in the near term for resource expansion in a low gas price environment.
The firm said shares now appropriately discount concerns about expected negative free cash flow in 2010 and less favorable catalysts in the near term for resource expansion in a low gas price environment.
You May Also Be Interested In
- UPDATE: UBS Upgrades Assured Guaranty (AGO) to Buy; Opportunity Opens After Recent Dip on Moody's Review
- Auriga Cuts PT and Estimates on HEICO (HEI); Cautious on Decelerating FSG Growth
- Wells Fargo Upgrades Aeropostale, Inc. (ARO) to Market Perform; Risk/Reward Even Given Improving Trends
Create E-mail Alert Related Categories
UpgradesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
