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UPDATE - Barclays Upgraded Southwestern Energy (SWN) to Overweight

August 10, 2011 1:21 PM EDT
Get Alerts SWN Hot Sheet
Price: $7.11 --0%

Rating Summary:
    16 Buy, 33 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 12 | New: 12
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UPDATE - Barclays upgraded Southwestern Energy (NYSE: SWN) from Equalweight to Overweight with a price target of $46.00.

Barclays analyst says, "Upgrading SWN on a price basis. SWN is virtually 100% a natural gas company thus the reduction in oil prices ahs not led us to lower our forecasts. Given the ~20% share price drop our $46 target now offers us 30-35% share price appreciation."


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