Macquarie Downgrade on Kodiak Oil & Gas (KOG) Weighs on Shares

April 27, 2012 1:23 PM EDT
Get Alerts KOG Hot Sheet
Price: $6.56 --0%

Rating Summary:
    11 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Traders in Kodiak Oil & Gas (NYSE: KOG) are responding to a downgrade from Macquarie Friday afternoon. The stock is currently down about 1.7 percent to $8.96.

The firm now rates the stock a Neutral, down from Outperform previously. The price target was lowered from $12 to $8.75.

For an analyst ratings summary and ratings history on Kodiak Oil & Gas click here. For more ratings news on Kodiak Oil & Gas click here.


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