Ultra Petroleum (UPL) Tops Q2 EPS by 3c

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Sterne Agee CRT Downgrades Ultra Petroleum (UPL) to Neutral

July 31, 2015 6:51 AM EDT

Sterne Agee CRT downgraded Ultra Petroleum (NYSE: UPL) from Buy to Neutral and removes their $20 price target.

Analyst Tim Rezvan commented, "Our prior Buy thesis on UPL shares was supported by a resilient natural gas asset that could generate modest production... More