UPDATE: Wunderlich Securities Raises Price Target on Rosetta Resources to $63
According to Wunderlich Securities, Rosetta Resources (NASDAQ: ROSE) price target is raised to $63.
Wunderlich Securities said that Rosetta Resources (ROSE) ended the year with proved reserves of 161 mmboe and grew total project inventory to 520 mmboe; ROSE has plenty of running room, in our view. “We look forward to revisiting our valuation when more data becomes available this summer.”
Rosetta Resources closed yesterday at $52.20.
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