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UPDATE: BMO Capital Markets Reiterates Market Perform Rating, Raises PT on Questar Corporation

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In a report published Monday, BMO Capital Markets reiterated its Market Perform rating on Questar Corporation (NYSE: STR), and slightly raised its price target from $20.00 to $21.00.

BMO Capital noted, “While our 2012 estimate remains $1.17, we are reducing our 2013 and 2014 forecasts to $1.17 and $1.21, respectively, from $1.27 and $1.32 on lowered earnings in Pipes. Our SOTP price target rises by $1 to $21 on the roll forward of our valuation to 2014 estimates, with upside potential from Wexpro II and the pipe review.”

Questar Corporation closed on Friday at $20.18.

Latest Ratings for STR

Dec 2015UBSInitiates Coverage onNeutral
Aug 2015JefferiesDowngradesBuyHold
Jun 2015JefferiesUpgradesHoldBuy

View More Analyst Ratings for STR
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Posted-In: BMO Capital MarketsAnalyst Color Price Target Analyst Ratings


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