Thursday, August 30, 2012

Yingli (YGE) (CVE) (WPX) (OILT) (NRP) (PWE) (QRE) Ratings Changes and Initiations

Yingli Green Energy Hold. Co. Ltd. (YGE), Cenovus Energy (CVE), WPX Energy (WPX), Oiltanking Partners (OILT), Natural Resource (NRP), Penn West Energy Trust (PWE) and QR Energy LP (QRE) had ratings changed or initiated on them.

Barclays Capital upgraded Cenovus Energy (CVE) from an "Equal Weight" rating to an "Overweight" rating. They have a price target of $41.00 on the company.

Barclays Capital upgraded WPX ENERGY INC (WPX) from an "Equal Weight" rating to an "Overweight" rating. They have a price target of $18.00 on the company.

Bank of America (BAC) downgraded Oiltanking Partners (OILT) from a "Buy" rating to a "Neutral" rating.

ThinkEquity downgraded Yingli Green Energy Hold. Co. Ltd. (YGE) from a "Hold" rating to a "Sell" ratng. The slashed their price target from $3.00 to $1.00 a share.

Dahlman Rose initiated coverage on Natural Resource (NRP). They placed a "Hold" rating on the company.

Deutsche Bank (DB) initiated coverage on Penn West Energy Trust (PWE). They placed a "Hold" rating on the company.

JPMorgan Chase (JPM) initiated coverage on QR Energy LP (QRE). They placed an "Overweight" rating and price target of $21.00 on the company.

No comments: