Bill Barrett (BBG) Tops Q1 EPS by 7c

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Bill Barrett (BBG) PT Lowered to $5 at FBR Capital Following 1Q EPS Beat; ' Lowering Target on Higher Discount Rate'

May 3, 2017 12:29 PM EDT

FBR Capital lowered its price target on Bill Barrett (NYSE: BBG) to $5.00 (from $6.00) while maintaining a Market Perform rating, following the company's first quarter earnings announcement.

Analyst Chad Mabry notes the company delivered a first quarter earnings per share print above estimates and... More