InterOil (IOC) Shares Catch a Bid as MKM Upgrades to Buy

October 6, 2011 11:59 AM EDT
Get Alerts IOC Hot Sheet
Price: $48.36 --0%

Rating Summary:
    5 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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One of the few analysts who cover shares of InterOil (NYSE: IOC) just issued an intraday upgrade on the stock.

MKM's Curtis Trimble now rates the stock a Buy, up from Neutral previously.

Traders are responding to the upgrade by purchasing the stock. Although InterOil shares were up more than 6 percent prior to the upgrade, the stock has tacked on another 3 percent since. The stock last traded at $42.39.

For more ratings news on InterOil click here and for the rating history of InterOil click here.


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