Market Overview

UPDATE: Morgan Stanley Downgrades Bonanza Creek Energy to Equal-Weight; Balanced Risk/Reward

Related BCEI
Option Alert: $BCEI Jan $7.5 Call; 2500 Contracts @Ask @$1.50; Now $7.32
Benzinga's Top Downgrades
Bonanza Creek Energy Has Likely Touched Bottom (Seeking Alpha)

Morgan Stanley says it downgrades Bonanza Creek Energy (NYSE: BCEI) to Equal-weight from Overweight and maintains its price target on shares at $22.

Morgan Stanley notes, "BCEI has established itself as a solid operator, posting good results. Yet we think stock has limited upside relative to peers, as its Niobrara inventory appears to be largely priced in."

BCEI closed at $19.98 on Monday.

Latest Ratings for BCEI

Sep 2015MacquarieDowngradesOutperformNeutral
Sep 2015Cowen & CompanyDowngradesMarket PerformUnderperform
Jul 2015WunderlichMaintainsBuy

View More Analyst Ratings for BCEI
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Price Target Reiteration Pre-Market Outlook Analyst Ratings


Related Articles (BCEI)

View Comments and Join the Discussion!

Get Benzinga's Newsletters