EXCO (XCO) (RRC) (ROSE) (HNR) (BEN) (DNR) (PCX) Ratings, Price Targets

EXCO Resources (NYSE: XCO), Range Resources (NYSE: RRC), Rosetta Resources (NASDAQ: ROSE), Harvest Natural Resources (NYSE: HNR), Franklin Resources (NYSE: BEN), Denbury Resources (NYSE: DNR) and Patriot Coal (NYSE: PCX) ratings and price targets.

Range Resources (RRC) was upgraded by Lazard Capital from a “Sell” rating to a “Neutral” rating.

Rosetta Resources (ROSE) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.

Harvest Natural Resources (HNR) was downgraded by Lazard Capital from a “Buy” rating to a “Neutral” rating.

Franklin Resources (BEN) had its price target lowered by Stifel Nicolaus from $140.00 to $120.00. They have a “Buy” rating on the company.

Robert W. Baird initiated coverage on Denbury Resources (DNR). They placed an “Outperform” rating and a price target of $22.00 on the company.

Jefferies Group (NYSE:JEF) initiated coverage on EXCO Resources (XCO). They placed a “Hold” rating on the company.

Patriot Coal (PCX) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.