UPDATE: Pritchard Capital Partners Terminates Coverage on Venoco Post Attempts to Go Private
Pritchard Capital Partners terminates its Neutral rating and $11 price target on Venoco (NYSE: VQ) following attempts by the Chairman to take the company private.
Pritchard Capital Partners comments, "We are terminating coverage of VQ as the stock no longer fits into our coverage universe strategy coupled with the fact that the Chairman is attempting to take the company private."
VQ closed at $11.11 on Tuesday.
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