UPDATE: Northland Capital Markets Downgrades Sanchez Energy (SN) to Market Perform

(updated to correct ratings action)

Northland Capital Markets downgraded Sanchez Energy (NYSE: SN) from Outperform to Market Perform with a price target of $4.00 (from $6.00).

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

Shares of Sanchez Energy closed at $3.87 yesterday.

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