Raymond James Initiates WPX Energy At Outperform

Analysts at Raymond James initiated coverage on

with a Outperform rating. The target price for WPX Energy is set to $16. WPX Energy shares have dropped 27.61% over the past 52 weeks, while the S&P 500 index has surged 13.59% in the same period. WPX Energy shares climbed 2.02% to close at $12.64 yesterday.