Goodrich Petroleum (GDP) Misses Q2 EPS by 4c
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Imperial Capital Downgrades Goodrich Petroleum (GDP) to In-Line
August 7, 2015 6:51 AM EDTImperial Capital downgraded Goodrich Petroleum (NYSE: GDP) from Outperform to In-Line with a price target of $0.70 (from $1.30).
Analyst Kim Pacanovsky commented, "We are lowering our rating to In-Line from Outperform and lowering our one-year price target to $0.70 from $1.30. While the shares continue to underperform the group on liquidity concerns, we believe that GDP will manage its capital spending and continues to have levers to pull to increase... More
