PDC Energy (PDCE) Misses Q2 EPS by 14c

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BofA/Merrill Lynch Upgrades PDC Energy (PDCE) to Buy

August 11, 2015 7:12 AM EDT

BofA/Merrill Lynch upgraded PDC Energy (NASDAQ: PDCE) from Neutral to Buy with a price target of $75.00 (from $66.00). Analyst Jason Smith thinks PDC Energy is well positioned vs peers, and he noted its strong balance sheet.

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KLR Group Upgrades PDC Energy (PDCE) to Buy

August 11, 2015 7:05 AM EDT

KLR Group upgraded PDC Energy (NASDAQ: PDCE) from Accumulate to Buy with a price target of $76.00 (from $63.00).

Analyst John Gerdes commented, "We are upgrading PDCE from Accumulate to Buy and raising our target price $13 to $76 per share due to the combination of ~5% lower capital... More