J.P. Morgan Maintains Neutral Rating On SandRidge Energy (SD)

In a recent report, J.P. Morgan has maintained it's price target of $9.50 and a neutral rating on SandRidge Energy SD due to lower production from weather related issues. In the report, J.P. Morgan said, "EPS and CFPS were a miss due to lower production from severe winter weather-related outages and lower realized pricing. SD maintained 2011 production and capex guidance." SandRidge Energy closed yesterday at $10.67.