Macquarie Downgrades InterOil To Neutral

Analysts at Macquarie downgraded

from Outperform to Neutral. The price target for InterOil has been lowered from $60 to $50. InterOil shares have dropped 23.98% over the past 52 weeks, while the S&P 500 index has surged 12.54% in the same period. InterOil shares fell 0.04% to $49.14 in pre-market trading.