Analysts Issue New Share Price Targets in Basic Materials Sector: KOG, POT, TSO, MWE

Wall St. Watchdog reveals information about companies for which stock analysts reiterated ratings in the Basic Materials sector for the week ending November 25th, 2011.

  • Kodiak Oil & Gas (AMEX:KOG): Northland Securities reiterated its rating of Outperform for this company and changed its price target from $8 to $10 on Nov 21st. About the company: Kodiak Oil & Gas Corporation explores for oil and natural gas in the western United States. Get the most recent company news and stock data here >>
  • Potash (NYSE:POT): Ticonderoga reiterated its rating of Buy for this company and changed its price target from $62 to $60 on Nov 21st. The shares recently traded at $42.23, down $0.17, or 0.4% since the analyst’s rating. About the company: Potash Corporation of Saskatchewan Inc. produces potash, phosphate, and nitrogen to the agricultural and industrial industries worldwide. The Company conducts operations in Canada, Chile, the United States, Brazil, and Trinidad. Get the most recent company news and stock data here >>
  • Tesoro (NYSE:TSO): The Benchmark Company reiterated its rating of Buy for this company and changed its price target from $25 to $32 on Nov 22nd. The shares recently traded at $23.13, down $0.48, or 2.03% since the analyst’s rating. About the company: Tesoro Corporation refines and markets petroleum products, and provides transporting services. The Company operates refineries, as well as a network of retail and refueling stations in the western United States. Tesoro also markets gasoline and diesel fuel to independent marketers and commercial end users. Get the most recent company news and stock data here >>
  • MarkWest Energy (NYSE:MWE): UBS reiterated its rating of Buy for this company and changed its price target from $51 to $57. About the company: MarkWest Energy Partners, LP, gathers and processes natural gas and transports, fractionates, and stores natural gas liquids (NYSE:NGLS). The Company processes gas from the Appalachian basin and from Michigan. Get the most recent company news and stock data here >>

(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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