Market Overview

I think you’ll love what you hear,
what you’ll see and the opportunities
that will be set before you.
- Jon Najarian
GET TICKETS

UPDATE: Baird Downgrades Atlas Resource Partners LP Amid Heightened Uncertainty

Share:

In a report published Thursday, Baird Equity Research analyst Ethan H. Bellamy downgraded the rating on Atlas Resource Partners LP (NYSE: ARP) from Outperform to Neutral, and lowered the price target from $26.00 to $22.00.

In the report, Baird Equity Research noted, “We input these reduced projections as well as updated Treasury rates into our now more conservative valuation framework. As a result, we lower our ARP price target to $22 and lower our rating to Neutral amid heightened uncertainty.”

Atlas Resource Partners LP closed on Wednesday at $20.98.

Latest Ratings for ARP

DateFirmActionFromTo
Mar 2016DowngradesNeutralSell
Feb 2016DowngradesHoldSell
Feb 2016DowngradesMarket PerformUnderperform

View More Analyst Ratings for ARP
View the Latest Analyst Ratings

Posted-In: Baird Equity Research Ethan H. BellamyAnalyst Color Downgrades Analyst Ratings

 

Related Articles (ARP)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
CINFReiterates120.0
HARPAssumes
CLLSAssumes
XLRNAssumes
FLWSUpgrades22.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

UPDATE: Guggenheim Downgrades Travelers Companies Reserves are Now Likely Deficient

Kroger Announces President and COO Succession Plan