Global Hunter downgrades CPE from 'Accumulate' to 'Neutral', lowers price target from $5.50 to $4.50
Global Hunter downgraded Callon Petroleum citing Permian uncertainty following unimpressive 2013 guidance. Price target lowered to $4.50 from $5.50.
Looks like they're not convinced that CPE's Permian Basin strategy is going to pay off. Yikes.
These anaylists are so funny ,,,sitting at a desk in new york they know whats going on HILARIOUS-SUPER SMART IDIOTS!!!!
Sentiment: Strong Buy