Ultra Petroleum (UPL) Tops Q4 EPS by 10c, Beats on Revenues

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Go back to Ultra Petroleum (UPL) Tops Q4 EPS by 10c, Beats on Revenues

Ultra Petroleum (UPL) PT Lowered to $9 at KLR Group

March 2, 2018 7:47 AM EST

KLR Group lowered its price target on Ultra Petroleum (NASDAQ: UPL) to $9.00 (from $13.00) while maintaining a Buy rating due to a one-third reduction in capital spending/production growth and no analyzable improvement in capital intensity related to horizontal capital allocation this year.

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