Bank of America Initiates Newfield Exploration At Buy

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Analysts at Bank of America initiated coverage on
Newfield Exploration Co.NFX
with a Buy rating. The target price for Newfield Exploration is set to $47. Newfield Exploration shares have dropped 20.62 percent over the past 52 weeks, while the S&P 500 index has surged 4.27 percent in the same period. Newfield Exploration shares fell 4.47 percent to close at $34.84 yesterday.
Posted In: InitiationAnalyst RatingsBank of America
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