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Pritchard Capital Upgrades Ultra Petroleum (UPL) to Buy

November 3, 2009 6:54 AM EST
UPL Hot Sheet
Rating Summary:
    2 Buy, 14 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Pritchard Capital upgrades Ultra Petroleum (NYSE: UPL) to Buy. Price target increased to $74.

Pritchard analyst says, "UPL's asset in the Pinedale remains one of the highest quality assets in North America with a $2.48/Mcfe earnings breakeven."

To see more analyst ratings on UPL Click Here.

Ultra Petroleum Corp. engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties.

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