Sidoti Started Stone Energy (SGY) at Buy, Set $43 Target

March 8, 2012 12:06 PM EST
Get Alerts SGY Hot Sheet
Price: $35.49 --0%

Rating Summary:
    3 Buy, 8 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Sidoti's initiated coverage on shares of Stone Energy (NYSE: SGY) with a Buy rating and a $43 price target Thursday morning.

Traders are cheering the new bullish rating this afternoon; Stone Energy shares last traded at $30.82, up 2.5 percent from Wednesday's closing price. Brooks' new price target represents potential upside of about 40 percent from where the stock is currently trading.

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


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