Raymond James Becomes More Positive on Independent Oil & Gas Stocks

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/21/2026

1. TGT
2. EL
3. WMT
4. SPY
5. ROST
6. ADI
7. BILL
8. MRNA
9. NTES
10. SPCX

January 5, 2012 11:25 AM EST
Get Alerts DNR Hot Sheet
Price: $0.24 --0%

Rating Summary:
    2 Buy, 14 Hold, 7 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 5 | New: 17
Join SI Premium – FREE
This morning, Raymond James became more positive on some Independent Oil & Gas stocks.

Raymond James upgraded Denbury Resources (NYSE: DNR), Anadarko Petroleum (NYSE: APC), and QEP Resources (NYSE: QEP) from an 'Outperform' to a 'Strong Buy' rating. This morning, DNR shares are up almost 2%, APC is trading flat, and QEP is down 1.3%.

RayJ also upgraded Devon Energy (NYSE: DVN) from 'Market Perform' to 'Outperform', but the stock is down about 1.3%.

The firm, however, took TETRA Technologies (NYSE: TTI) off the 'Strong Buy' list, lowering its rating to 'Outperform'. The stock is getting whacked, currently down 5.25%.

Yesterday, TTI guided 2012 EPS between $0.70-$0.90, in-line with The Street consensus of $0.78.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Downgrades, Upgrades

Related Entities

Raymond James