Information Provided By:
Fly News Breaks for June 21, 2017
LPI
Jun 21, 2017 | 08:01 EDT
Seaport Global analyst Mike Kelly downgraded Laredo to Neutral from Buy and slashed its price target to $9 from $19 to reflect a new commodity price deck. Seaport Global's Energy team reduced its long-term oil forecast to $40/bbl from $50/bbl to reflect "relentless" US production growth. The firm sees the potential for the oil market to be "significantly over supplied in 2018 and cut its oil price forecast for first half 2017 to $45/bbl from $55/bbl and first half 2018 to $35/bbl from $55/bbl.
News For LPI From the Last 2 Days
There are no results for your query LPI