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Goldman Sachs Downgrades Concho Resources (CXO) to Neutral

November 10, 2011 6:58 AM EST
Get Alerts CXO Hot Sheet
Price: $65.60 --0%

Rating Summary:
    28 Buy, 15 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 12 | New: 7
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Goldman Sachs downgraded Concho Resources (NYSE: CXO) from Buy to Neutral with a price target of $112 (up from $103).

The firm cited the share outperformance over the last year.

For an analyst ratings summary and ratings history on Concho Resources click here. For more ratings news on Concho Resources click here.

Shares of Concho Resources closed at $95.17 yesterday.


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