JP Morgan Downgrades Goodrich Petroleum To Underweight

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Analysts at JP Morgan downgraded Goodrich Petroleum (NYSE: GDP) from Overweight to Underweight and removed the price target of $27. Goodrich Petroleum shares have declined 74.48% over the past 52 weeks, while the S&P 500 index has gained 14.65% in the same period. Goodrich Petroleum's shares jumped 14.21% to close at $4.26 yesterday.

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