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CORR

CorEnergy

$28.93

-0.45 (-1.53%)

, UPL

Ultra Petroleum

07:10
10/17/16
10/17
07:10
10/17/16
07:10

CorEnergy downgraded on potential bankruptcy impact at RBC Capital

As noted earlier, RBC Capital downgraded CorEnergy to Underperform from Sector Perform. After reviewing the Ultra Petroleum (UPL) bankruptcy case, RBC Capital analyst TJ Schultz believes that CorEnergy's current valuation only reflects "best case" impacts stemming from the bankruptcy, while there is actually a wide range of possible outcomes. Target to $23 from $30.

CORR

CorEnergy

$28.93

-0.45 (-1.53%)

UPL

Ultra Petroleum

CORR CorEnergy
$28.93

-0.45 (-1.53%)

08/11/16
STFL
08/11/16
DOWNGRADE
STFL
Hold
CorEnergy downgraded to Hold from Buy at Stifel
08/11/16
STFL
08/11/16
DOWNGRADE
STFL
Hold
CorEnergy downgraded on Pinedale lease issues at Stifel
As noted earlier, Stifel downgraded CorEnergy to Hold from Buy. Analyst Selman Akyol downgraded the stock based on worries over the company's Pinedale assess which are being rented by a tenant that has declared bankruptcy.
09/22/16
DADA
09/22/16
INITIATION
DADA
Buy
CorEnergy initiated with a Buy at DA Davidson
DA Davidson Poe Fratt initiated CorEnergy with a Buy saying risk/reward is favorable with an 11% yield and growth will resume once there is more clarity on the Pinedale LGS lease later this year.
10/17/16
RBCM
10/17/16
DOWNGRADE
RBCM
Underperform
CorEnergy downgraded to Underperform from Sector Perform at RBC Capital
UPL Ultra Petroleum

02/19/16
KLRG
02/19/16
DOWNGRADE
KLRG
Sell
Ultra Petroleum downgraded to Sell from Buy at KLR Group
KLR Group analyst John Gerdes double downgraded Ultra Petroleum to Sell from Buy and cut his price target for the shares to 0c from $6. The company's debt capitalization is no longer viable, Gerdes tells investors in a research note.
02/19/16
02/19/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on the today's top five analyst downgrades with this list compiled by The Fly: 1. Best Buy (BBY) downgraded to Neutral at Goldman by analyst Matthew Frassler, who said that the strength in TV sales will be offset by a "sluggish" wireless market. 2. UPL Petroleum (UPL) double downgraded to Sell at KLR Group by analyst John Gerdes, who said the company's debt capitalization is no longer viable. 3. Trinity Industries (TRN) downgraded to Underweight at BB&T by analyst Thomas Albrecht, who expects a decline at the company's earnings outlook. Albrecht estimates tangible book value at $19.35 could attract some value investors, but does not see any catalysts to change the earnings outlook. 4. EP Energy (EPE) downgraded to Hold and Neutral at Topeka and UBS, respectively, with analysts citing balance sheet concerns and mixed Q4 results. Topeka analyst Gabriele Sorbara added that she does not see any near-term catalysts for an improvement in its leverage or outspend position as management may have missed its opportunity to sell/JV assets or issue equity. 5. Duke Energy (DUK) downgraded to Neutral at JPMorgan by analyst Christopher Turnure, who cited the company's "disappointing" core business outlook. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/28/16
LTCO
04/28/16
DOWNGRADE
Target $1.5
LTCO
Neutral
Ultra Petroleum downgraded to Neutral from Buy at Ladenburg
Ladenburg analyst Noel Parks downgraded Ultra Petroleum to Neutral saying he has little insight into whether a debt deal favorable to equity holders will be consummated in the near term. The analyst cut his price target for the shares to $1.50 from $15.
06/15/16
STFL
06/15/16
UPGRADE
STFL
Hold
Ultra Petroleum upgraded to Hold from Sell at Stifel

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