tiprankstipranks
Trending News
More News >

PDC Energy price target raised to $80 from $76 at JPMorgan

JPMorgan analyst Arun Jayaram raised the firm’s price target on PDC Energy to $80 from $76 and keeps an Overweight rating on the shares. The analyst raised the target after marking to market for recent strip pricing. The firm is modeling a Q1 miss for PDC, with its EBITDA estimate 8% below the Street.

Confident Investing Starts Here:

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on PDCE:

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue