JP Morgan Adjusts Its Estimates On Venoco, Inc. (VQ)

Benzinga Staff

September 21, 2010 8:45am Comments

JP Morgan adjusted its estimates on Venoco, Inc. (NYSE: VQ), and decreased its CFPS estimates due to lower production estimates for 2010 and 2011.

A Price Target of $17.00 was established, which reflects new data from Monterey Shale.

VQ currently trades at $19.61 and JP Morgan rates it Underweight.

Posted-In: JP Morgan Chase Analyst Color Price Target Analyst Ratings

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