Analysts Initiate New Stock Price Targets: LEAP, PCS, FXEN, UPL, EOG

Stock analysts initiated coverage on these shares October 3rd:

  • Leap Wireless (NASDAQ:LEAP): BTIG Research initiated coverage of this company with a rating of Sell and a price target of $4. About the company: Leap Wireless International, Inc. provides mobile wireless services. The Company’s services are targeted to meet the needs of customers who are under-served by traditional communications companies. Leap’s Cricket service is available to customers in various states from New York to California.
  • MetroPCS (NYSE:PCS): BTIG Research initiated coverage of this company with a rating of Buy and a price target of $12. About the company: MetroPCS Communications, Inc. is a wireless communications provider in the United States. The Company offers unlimited wireless voice and data services to the mass market.
  • FX Energy (NASDAQ:FXEN): Brean Murray initiated coverage of this company with a rating of Buy and a price target of $9.25. About the company: FX Energy, Inc. explores for and produces oil and gas, primarily in the Republic of Poland. The Company also has limited oil production and reserves in Montana and Nevada, as well as oil and gas exploration projects in other western states.
  • Ultra Petroleum (NYSE:UPL): Brean Murray initiated coverage of this company with a rating of Hold. About the company: Ultra Petroleum Corp. is a natural gas exploration and production company focused on the Green River Basin of Wyoming in the United States. The Company also explores for oil and gas in China.
  • EOG Resources (NYSE:EOG): Brean Murray initiated coverage of this company with a rating of Buy and a price target of $130. The Benchmark Company initiated coverage of this company with a rating of Buy and a price target of $130. About the company: EOG Resources, Inc. explores for, develops, produces and markets natural gas and crude oil. The Company operates in major producing basins in the United States, Canada, Trinidad, the United Kingdom North Sea, China and, from time to time, select other international areas.

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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