Analyst upgrades: VQ, NFX and RF
Posted Apr 17th 2008 11:01AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Regions Financial (RF)
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MOST NOTEWORTHY: Venoco, Newfield Exploration and Regions Financial were today's noteworthy upgrades:
- Jefferies upgraded shares of Venoco (NYSE:VQ) to Buy from Hold on increased confidence in the company's 5%-10% 2008 production growth target.
- Newfield Exploration (NYSE:NFX) was upgraded to Outperform from Market Perform at Friedman Billings. The firm said there has been significant progress in the economics of NFX's Woodford play.
- Citigroup upgraded Regions Financial (NYSE:RF) to Hold from Sell on valuation, as they their concerns are now priced into shares.
OTHER UPGRADES:
Tags: analyst, asml, forest oil, ForestOil, fst, gaylord, get, inthenews, newfield, nfx, regions financial, RegionsFinancial, rf, upgrade, venoco, vq
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