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

Related BCEI
MLV & Co Believes Catalyst Program Appears Promising For Bonanza Creek Energy
Benzinga's Top Upgrades

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

DateFirmActionFromTo
Sep 2014Imperial CapitalInitiates Coverage onOutperform
Aug 2014MacquarieUpgradesNeutralOutperform
Jul 2014MacquarieDowngradesOutperformNeutral

View More Analyst Ratings for BCEI
View the Latest Analyst Ratings

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

 

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