Canaccord Genuity Initiates Bill Barrett With Buy

Analysts at Canaccord Genuity initiated coverage on

with a Buy rating. The target price for Bill Barrett is set to $12. Bill Barrett shares have dropped 68.84 percent over the past 52 weeks, while the S&P 500 index has surged 4.27 percent in the same period. Bill Barrett shares fell 2.99 percent to close at $8.43 yesterday.