Target price is too low in my opinion.
They initiated with a $33 target assuming BRY closes and worst case of $28 assuming no BRY and $70 oil and $3 nat gas.
It appears they aren't giving much creedence to the new deal or the BRY deal.
MCEP, BBEP also initiate Buys with PT 26 and 20
Two energy companies have initiated buys on Linn? Do they periodically meet to smoke the couch upholstery?