Barclays Capital Rates This Natural Gas Company Overweight
Barclays Capital rated El Paso Corp. (NYSE:EP) Overweight and changed its price target from $27.00 to $25.00. The shares recently traded at $17.58, up $0.41, or 2.45%, on the day. The shares have traded in a 52-week range of $12 to $21.54 and its market capitalization is $13.54 billion. About the company: El Paso Corporation operates natural gas pipeline and storage facilities, transports natural gas, and imports liquefied natural gas. El Paso also explores for and produces natural gas. The Company has operations in the United States, Brazil, and Egypt.
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