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Linn Energy, LLC (LINE) Message Board

  • rlp2451 rlp2451 Jul 2, 2013 9:31 AM Flag

    Analysts weigh in

    Berry Petroleum risk elevated, says Sterne Agee
    Sterne Agee said Berry Petroleum's (BRY) risk/reward is elevated following news the SEC has commenced a non-public inquiry into LINN Energy (LINE) and LinnCo (LNCO). The firm sees 15% upside for Berry Petroleum if the deal closes this quarter and 17% downside if the deal breaks. Given the balanced range of outcomes, the analyst maintains its Neutral rating on shares.

    Raymond James downgraded LINN Energy based on the uncertainty of the SEC inquiry. Price target lowered to $40 from $44.

    JPMorgan downgraded LINN Energy (LINE) and LinnCo (LNCO) after the companies disclosed an informal SEC inquiry.

    Howard Weill lowers PT (unknown)

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LINE
10.85-0.080(-0.73%)Dec 26 4:00 PMEST

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