Tuesday, January 24, 2012

Potash (POT) (UPL) (BCEI) (PXP) (SPH) (NRG) Ratings, Price Targets

Potash (NYSE: POT), Ultra Petroleum (NYSE: UPL), Bonanza Creek Energy (NASDAQ: BCEI), Plains Exploration & Production Company (NYSE: PXP), Suburban Propane Partners, L.P. (NYSE: SPH) and NRG Energy (NYSE: NRG) ratings and price targets.

Ultra Petroleum (UPL) was downgraded by Global Hunter Securities from an “Accumulate” rating to a “Neutral” rating. They have a price target of $36.00 on the company, down from $47.00.

Morgan Stanley (NYSE:MS) initiated coverage on Bonanza Creek Energy (BCEI). They placed an “Overweight” rating on the company.

Potash (POT) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $48.00 on the company.

Plains Exploration & Production Company (PXP) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating. They have a price target of $46.00 on the company.

Suburban Propane Partners, L.P. (SPH) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.

NRG Energy (NRG) had its “Neutral” rating reiterated by UBS AG (NYSE:UBS).

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