Canaccord Genuity Initiates Bill Barrett With Buy

MEMORIAL DAY FLASH SALE: 50% OFF BENZINGA PRO

As we honor our freedom, take a stand today. Secure the financial freedom that both you and your family deserve. Get exclusive market moving news for just 50% off. Claim your 50% discount here.

Analysts at Canaccord Genuity initiated coverage on Bill Barrett Corporation (NYSE: BBG) 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.

MEMORIAL DAY FLASH SALE: 50% OFF BENZINGA PRO

As we honor our freedom, take a stand today. Secure the financial freedom that both you and your family deserve. Get exclusive market moving news for just 50% off. Claim your 50% discount here.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!