Goodrich Petroleum downgraded to Hold from Buy at KLR Group KLR Group downgraded Goodrich Petroleum to Hold citing valuation following this week's rally. The firm raised its price target for shares to $24 from $19. Note Goodrich Petroleum was upgraded this morning at Imperial Capital.
Goodrich Petroleum upgraded to Outperform from In-Line at Imperial Capital Imperial Capital upgraded Goodrich Petroleum to Outperform citing better than expected results for the company's Blades well in the Tuscaloosa Marine Shale. The firm raised its price target for shares to $33 from $13.
Goodrich Petroleum price target raised to $25 from $20 at BMO Capital BMO Capital increased its price target on Goodrich Petroleum after the company cut its estimate of the company's average per well cost in the Tuscaloosa Marine Shale to $12.5M from $13.5M. The firm keeps an Outperform rating on the stock.