Apache Stock Upside Reduced, Duke Energy Still a Buy, Rogers Has Long-Term Growth

Read Trending Stories

Today's Trending Stocks

Click a Company to Research Now:

Friday afternoon is showing moderately flat as investors and traders digest this week’s news and look ahead to the big earnings seasons ready to start next week. Here are a few energy companies  and other stocks seeing new reviews from analysts:

Oppenheimer advises purchasing Apache Corp. (NYSE:APA) shares on weakness. While Apache’s shares dropped 24 percent last year in the wake of concerns about its work in Egypt, in Oppenheimer’s view these worries are over the top. The firm holds to an Outperform rating for Apache, despite lowering its target on the stock from $130 to $120.

Continental Resources’s (NYSE:CLR) price target has been upped to $87 from $76 at Pritchard. The firm elevated the price target due to Continental’s production and proved reserves growth, and maintains a Buy rating for the stock.

Goldman says Duke Energy Corporation (NYSE:DUK) shares look good, and trade at a discount to the group. Goldman is looking at possible positives to consensus estimates, and restates its $22 price target and Buy rating.

The price target for Triangle Petroleum Corporation (AMEX:TPLM) has been lifted to $9 from $7 by Pritchard. The firm predicts a revolutionary year ahead for Triangle thanks to increases in production. Pritchard elevated its price target for shares and stands by a Buy rating on the stock.

JMP Securities sees a buying opportunity in Rogers Corporation‘s (NYSE:ROG) stock weakness. Rogers preannounced Q4 results that were less impressive than hoped, but JMP maintains that the company is in the middle of an impressive, long-term growth cycle. The firm holds to an Outperform rating for JMP, but did lower its target from $53 to $48.

MSC Industrial Direct Co. Inc.‘s (NYSE:MSM) price target is up to $86 from $75 at RW Baird. The firm made that raise after the release of Q1 results, referencing increased guidance, a positive economic message from management, and normalized government trends. Its shares are rated Outperform.

 Further Reading: Obama to Propose Half-Percent Pay Increase for Federal Employees>>

To contact the reporter on this story: Brooke Edge at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!

Do You Want More Profits? Wall St. Cheat Sheet Premium newsletter subscribers have been crushing the markets with winning stock picks.

Click here now for your FREE trial to our acclaimed flagship newsletter:

Learn More

Advertisement:
Improve your Investing Portfolio with Wall St Cheat Sheet Premium

Intelligent Investing

Wall St. Cheat Sheet Premium

Tired of wasting time and money sifting through the noise on TV, websites, and Twitter? Get winning stock picks now.

Gold & Silver Premium

Join Chicago Mercantile Exchange commentator Eric McWhinnie as he covers Gold & Silver for you.

Commodities Premium

Commodities are heating up. This is an investment newsletter you'll need to win in the bull market.

Wall St. Cheat Sheet has been featured in these fine media outlets: