New Analysts Share Price Targets in the Basic Materials Sector Last Week

Wall St. Watchdog reveals information about companies for which stock analysts reiterated ratings in the Basic Materials sector for the week ending November 11th, 2011.

  • Kodiak Oil & Gas (AMEX:KOG): MLV & Co reiterated its rating of Buy for this company and changed its price target from $8 to $9.5 on Nov 7th. The shares recently traded at $7.68, up $0.3, or 4.07% since the analyst’s rating. 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 >>
  • Oil States (NYSE:OIS): RBC Capital Mkts reiterated its rating of Outperform for this company and changed its price target from $79 to $87 on Nov 7th. The shares recently traded at $72.70, down $1.5, or 2.02% since the analyst’s rating. About the company: Oil States International, Inc. provides specialty products and services to oil and gas drilling and production companies. The Company supplies connection technology for offshore oil and gas development and production, distributes tubular goods, and furnishes hydraulic workover and well control services. Oil States also provides remote site accommodations, catering, and logistics. Get the most recent company news and stock data here >>
  • Kinross Gold (NYSE:KGC): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $24 to $21 on Nov 7th. The shares recently traded at $14.03, down $0.86, or 5.78% since the analyst’s rating. About the company: Kinross Gold Corporation is involved in the exploration, development, and production of gold in countries located around the world. The Company currently has operations in the United States, Brazil, Chile, Ecuador and Russia. Get the most recent company news and stock data here >>
  • Cliffs Natural Resources (NYSE:CLF): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $119 to $115 on Nov 7th. The shares recently traded at $70.09, down $0.36, or 0.51% since the analyst’s rating. About the company: Cliffs Natural Resources Inc. is a diversified mining and natural resources company. The Company mines for iron ore and coal in locations across North America, South America, and Australia. Get the most recent company news and stock data here >>
  • Agrium (NYSE:AGU): Ticonderoga reiterated its rating of Buy for this company and changed its price target from $117 to $109 on Nov 7th. The shares recently traded at $77.67, down $2.64, or 3.29% since the analyst’s rating. About the company: Agrium Inc. supplies nitrogen, potash and phosphate for agricultural, industrial, and specialty use. The Company operates throughout the America’s while it markets its products globally. Get the most recent company news and stock data here >>
  • Quicksilver Resrcs (NYSE:KWK): UBS reiterated its rating of Neutral for this company and changed its price target from $11 to $9 on Nov 8th. The shares recently traded at $7.88, up $0.13, or 1.68% since the analyst’s rating. About the company: Quicksilver Resources Inc. is involved in the acquisition, development, exploration, production, and sale of natural gas and crude oil. The Company also conducts operations in the gathering, processing, and transmission of natural gas. Quicksilver owns properties in Michigan, Wyoming, and Montana in the United States, and in Canada. Get the most recent company news and stock data here >>
  • Stone Energy (NYSE:SGY): Ladenburg Thalmann reiterated its rating of Buy for this company and changed its price target from $30 to $34 on Nov 8th. The shares recently traded at $27.73, up $0.98, or 3.66% since the analyst’s rating. About the company: Stone Energy Corporation is an independent oil and gas company. The Company acquires, explores, develops, and operates oil and gas properties onshore and offshore in the Gulf Coast Basin. Get the most recent company news and stock data here >>
  • Tesco (NASDAQ:TESO): Dahlman Rose reiterated its rating of Buy for this company and changed its price target from $20 to $18 on Nov 8th. The shares recently traded at $12.15, down $1.45, or 10.66% since the analyst’s rating. About the company: Tesco Corporation is an international oilfield service company operating worldwide. The Company designs, manufactures, sells, and operates top drive and underbalanced drilling systems, completion products, and control, electrical, and hydraulic systems. Get the most recent company news and stock data here >>
  • Noble Energy (NYSE:NBL): UBS reiterated its rating of Buy for this company and changed its price target from $111 to $113 on Nov 9th. The shares recently traded at $94.84, up $6.17, or 6.96% since the analyst’s rating. About the company: Noble Energy, Inc. is an independent energy exploration and production company. The Company explores for and produces crude oil, natural gas, and natural gas liquids. Noble Energy operates primarily in the Rocky Mountains, Mid-continent, and deepwater Gulf of Mexico areas in the US, with key international operations offshore Israel, the North Sea and West Africa. Get the most recent company news and stock data here >>
  • Scotts Miracle-Gro (NYSE:SMG): RBC Capital Mkts reiterated its rating of Sector Perform for this company and changed its price target from $43 to $41 on Nov 9th. The shares recently traded at $42.81, up $0.46, or 1.09% since the analyst’s rating. About the company: The Scotts Miracle-Gro Company markets branded consumer lawn and garden products, as well as a full range of products for professional horticulture. The Company manufactures and markets fertilizers, pest controls, plant foods, gardening soils, grass seed, and other products in North America and Europe. Scotts Miracle-Gro also provides lawn service in the United States. 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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