Synergy Resources (SYRG) Misses Q2 EPS by 4c

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UPDATE: BMO Capital Downgrades Synergy Resources Corporation (SYRG) to Market Perform

August 8, 2016 7:22 AM EDT

(Updated - August 8, 2016 8:22 AM EDT)

BMO Capital downgraded Synergy Resources Corporation (NYSE: SYRG) from Outperform to Market Perform with a price target of $6.00 (from $8.00). Analyst Dan McSpirit doesn't think the stock's premium is justified.

"This change in rating comes after the... More