Barclays Maintains an 'Overweight' on LINN Energy (LINE); Adjusting Estimates on Pending Acquisitions

Barclays maintains an 'Overweight' on LINN Energy (NASDAQ: LINE) price target of $41.00.

Analyst, Jeffrey W. Robertson, said, "We are updating our estimates to reflect LINE's pending Hugoton Basin and East Texas acquisitions and related senior note offering...We are revising our FY12 EBITDA/DCF per unit estimates to $6.65/$3.20 from $5.85/$2.95 and our FY13 EBITDA/DCF per unit estimates to
$7.50/$3.80 from $6.25/$3.25."

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

Shares of LINN Energy closed at $38.20 yesterday.

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