Endeavour downgraded to In-Line from Outperform at Imperial Capital Imperial Capital downgraded Endeavour citing execution issues after the company said first production at Rochelle is now slated for June/July of this year. The firm lowered its price target for shares to $8.50 from $11.
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Endeavour reports strategic review initiated in February remains on-going William L. Transier, chairman, CEO and president said, "Our strategic review process remains on-going. We intend to bring the process to conclusion as soon as a thorough evaluation of all the options is completed by our board."