Tuesday, May 24, 2011

Rosetta (ROSE) Rating Upgraded by Susquehanna

Shares of Rosetta Resources Inc. (NASDAQ: ROSE) were upgraded by Susquehanna today from a "Neutral" rating to a "Positive" rating.

They also boosted their price target on Rosetta from $50 to $57.

Susquehanna cited the operations of the company at Eagle Ford Gates Ranch as the catalyst behind their ratings and price target upgrade.

Rosetta Resources Inc. participates in the acquisition, exploration, development, and production of oil and gas properties in the United States.

Rosetta was trading at $46.19, gaining $1.78, or 4.01 percent, as of 2:12 PM EDT.

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