Raymond James Downgraded Oil & Gas Stocks SDT, EROC, PER & HES; Upgrades BP
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Price: $0.17 --0%
Rating Summary:
0 Buy, 3 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 13 | New: 10
Rating Summary:
0 Buy, 3 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 13 | New: 10
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This morning, Raymond James downgraded Oil and Gas stocks Sandridge Mississippian Trust (NYSE: SDT) and Eagle Rock Energy Partners (Nasdaq: EROC) from Outperform to Market Perform. Shares are down 3.4% and 2.15%, respectively.
Raymond James also downgraded SandRidge Permian Trust (NYSE: PER) and Hess Corp (NYSE: HES) from Strong Buy to Outperform. PER is currently trading down 2.6%, but HES is up 2.8%.
Out of the group (covered), Raymond James only upgrades BP plc (NYSE: BP) from Outperform to Strong Buy. The shares are currently trading up 3%
Raymond James also downgraded SandRidge Permian Trust (NYSE: PER) and Hess Corp (NYSE: HES) from Strong Buy to Outperform. PER is currently trading down 2.6%, but HES is up 2.8%.
Out of the group (covered), Raymond James only upgrades BP plc (NYSE: BP) from Outperform to Strong Buy. The shares are currently trading up 3%
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