Morgan Keegan Upgrades Inergy (NRGY) to Outperform

May 11, 2011 12:15 PM EDT
Get Alerts NRGY Hot Sheet
Price: $13.52 --0%

Rating Summary:
    6 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
An analyst at Morgan Keegan upgraded shares of Inergy (NYSE: NRGY) from Market Perform to Outperform Wednesday morning. The firm reduced its price target on the stock from $42 to $41.

The upgrade follows a Q2 miss from Inergy Tuesday morning.

With Inergy shares down 2.9 percent to $36.77 this afternoon, Morgan Keegan's new price target implies potential upside of about 12 percent.

For more ratings news on Inergy click here and for the rating history of Inergy click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Upgrades

Related Entities

Morgan Keegan & Company, Earnings