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Linn Energy, LLC (LINE) Message Board

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  • rlp2451 rlp2451 Nov 21, 2012 10:35 AM Flag

    Five New Ratings, Three Neutrals, One Downgrade, Two Outperform

    What does "Restricted" Mean, in CS-ese?
    When I see a target price reduction, to me that's a downgrade...but that's jusrt me.

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    • Credit Suisse was one of the brokers involved in the LNCO offering. So during what used to be called the quiet period - about a month after the transaction, they aren't supposed to be touting the stock. And since LNCO is basically a derivative of LINE, CS went silent on LINE also. So it's been on their restricted list for about a month now. Probably true for the other non-lead brokers on the LNCO deal, which is why you would expect to see ratings coming out about now.

      Have a good Thanksgiving.

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