PetroQuest Energy, Inc. (PQ) Misses Q3 Views on Top and Bottom Line

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Go back to PetroQuest Energy, Inc. (PQ) Misses Q3 Views on Top and Bottom Line

Global Hunter Securities Upgrades PetroQuest (PQ) to Buy Post-Q3

November 8, 2012 9:10 AM EST

Global Hunter Securities upgraded PetroQuest (NYSE: PQ) from Accumulate to Buy with a price target of $7.00 (from $8.00).

The firm comments, "Despite reducing our price target to $7 (from $8), we are upgrading our rating on shares of PetroQuest (PQ) to Buy from Accumulate, reflective of what we believe to be an attractive risk/reward... More