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.
PDC Energy upgraded to Conviction List from Outperform at Iberia Iberia upgraded PDC Energy to the Conviction List and increased its price target to $65 from $58. The firm views valuation as attractive an said the company is executing well and its balance sheet ranks among the best versus peers.