Legacy Reserves (LGCY) Reports Q1 EPS of $1.47

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Go back to Legacy Reserves (LGCY) Reports Q1 EPS of $1.47

FBR Capital Maintains Underperform Rating on Legacy Reserves (LGCY) as Additional Progress on Capital Structure Likely Limited

May 6, 2016 6:50 AM EDT

FBR Capital analyst Chad Mabry maintained his Underperform rating and $2 price target on Legacy Reserves (NASDAQ: LGCY), saying while the capital structure is improving additional. progress is likely limited.

Marby commented, "Legacy's de-leveraging and asset sale initiatives have exceeded expectations year to... More