PDC Energy recommended ahead of Utica results at SunTrust SunTrust recommends buying PDC Energy ahead of Utica test results. The firm expects positive production rates and Noble Energy's (NBL) analyst day on December 6 to boost PDC Energy shares. The firm rates PDC Energy a Buy with a $43 price target, up from $37.
News For PDCE From The Last 14 Days
Check below for free stories on PDCE the last two weeks.
PDC Energy price target raised to $82-$89 from $72-$80 at Wells Fargo Wells Fargo increased its price target on PDC Energy after meeting with the company's management, and following the company's 2013 reserve update. The firm thinks the company has some of the best and most consistent Wattenberg acreage, and keeps an Outperform rating on the shares.