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Sanchez Energy Corporation Message Board

  • busy26795 busy26795 Sep 13, 2013 12:06 PM Flag

    SN Canaccord Genuity assumed coverage of SN with a Buy and sets a target at $31

    13-Sep-13 11:07 ET

    SN

    SN Sanchez Energy: Coverage assumption at Canaccord details

    As mentioned earlier, Canaccord Genuity assumed coverage of SN with a Buy and sets a target at $31. With ~140K net acres in the oil window of the Eagle Ford (EF) Shale, no company is more levered to the play relative to its size. Substantial production and cash flow growth should be the drivers to a higher stock price in its view.

    Sentiment: Strong Buy

 
SN
7.85-0.36(-4.38%)May 27 4:02 PMEDT