Tuesday, March 6, 2012

Seadrill (SDRL) (PETD) (PQ) (ARCO) (EXPR) (CAJ) (HTS) Ratings, Price Targets

Seadrill Ltd (SDRL), Petroleum Development Co. (PETD), PetroQuest Energy, Inc. (PQ), Arcos Dorados Holdings Inc. (ARCO), Express, Inc. (EXPR), Canon (CAJ) and Hatteras Financial Corp. (HTS) had ratings and price targets adjusted by analysts.

Brean Murray upgraded Petroleum Development Co. (PETD) from a "Hold" rating to a "Buy" rating. They have a price target of $47.00 on the company.

Capital One upgraded PetroQuest Energy, Inc. (PQ) to a "Neutral" rating.

Sanford C. Bernstein initiated coverage on Seadrill Ltd (SDRL). They have an "Underperform" rating on the company.

Bank of America (BAC) downgraded Arcos Dorados Holdings Inc. (ARCO) from a "Buy" rating to a "Neutral" rating.

Barclays Capital downgraded Express, Inc. (EXPR) from an "Overweight" rating to a "Equal Weight" rating.

Credit Agricole upgraded Canon (CAJ) from an "Outperform" rating to a "Buy" rating.

Wells Fargo & Co. upgraded Hatteras Financial Corp. (HTS) from an "Underperform" rating to a "Market Perform" rating.

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