Friday, October 12, 2012

Alpha (ANR) (CLR) (ENRC) (OGE) (CMLP) (AAUKY) Ratings

Alpha Natural Resources (ANR), Continental Resources, Inc. (CLR), Eurasian Natural Resources (ENRC), OGE Energy Corp. (OGE), Anglo American plc (AAUKY) and Crestwood Midstream Partners LP (CMLP) had ratings on them adjusted or initiated.

Howard Weil upgraded Continental Resources, Inc. (CLR) from a "Market Perform" rating to an "Outperform" rating. They have a price target of $99.00 on the company.

Barclays Capital initiated coverage on Eurasian Natural Resources (ENRC). They placed an "Equalweight" rating on the company.

Jefferies Group upgraded OGE Energy Corp. (OGE) from a "Hold" rating to a "Buy" rating. $58.50 $63.50

Nomura downgraded Alpha Natural Resources (ANR) from a "Buy" rating to a "Neutral" rating.  $8.00

HSBC downgraded Anglo American plc (AAUKY) from an "Overweight" rating to a "Neutral" rating.

Citigroup (C) initiated coverage on Crestwood Midstream Partners LP (CMLP). They placed a "Neutral" rating and price target of $24.00 on the company.

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