Barclays provided its updated ratings and price targets for several companies, including:
Alon USA Energy, Inc. ALJ: Upgraded to Equal Weight from Underweight. Lowered price target to $8 from $10.
Delek US Holdings, Inc. DK: Downgraded to Equal Weight from Overweight. Lowered price target to $15 from $20.
Murphy Oil Corporation MUR: Upgraded to Overweight from Equal Weight. Raised price target to $42 from $33.
Petroleo Brasileiro SA Petrobras (ADR) PBR: Downgraded to Underweight from Equal Weight. Lifted price target to $9 from $7.5.Related Link: InterOil Bidding War On The Horizon? Exxon Mobil Makes An Offer
Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR-A): Downgraded to Equal Weight from Overweight. Lifted price target to $9 from $7.5.
Phillips 66 PSX: Downgraded to Equal Weight from Overweight. Lowered price target to $86 from $93.
Resolute Energy Corp REN: Upgraded to Equal Weight from Underweight. Lifted price target to $8 from $4.
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