Friday, July 1, 2011

Hess (HES) (BAC) (MON) (MRO) (EPB) (NGLS) Ratings and Price Targets

Bank of America (NYSE:BAC) upgraded Hess Corp (NYSE: HES) from a “neutral” rating to a “buy” rating. They have a price target price target of $104.00 on the company.

Citigroup (NYSE:C) reiterated a “buy” rating on shares of Bank of America (NYSE: BAC).

Wunderlich reiterated a “buy” rating on shares of El Paso Pipeline Partners (NYSE: EPB). They have a price target of $42.00 on the company.

Morgan Stanley (NYSE:MS) reiterated an “overweight” rating on of Monsanto Co. (NYSE: MON). They have a price target of $77.00 on the company.

Bank of America reiterated a “buy” rating on shares of Targa Resources Partners LP (NASDAQ: NGLS).

Oppenheimer cut their price target on Marathon Oil Co. (NYSE: MRO) from $62.00 to $40.00. They have an “outperform” rating on the company.

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