GREY:LSTMF - Post by User
Post by
greener12345on Dec 03, 2009 8:13am
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Post# 16549013
globe and mail
globe and mail
PetroBakken Energy and Resources Ltd. shares have slumped since mid-October, but the fundamental story for the light-oil play in Saskatchewan has not changed, said Justin Bouchard and Christopher Cox, analysts with Raymond James. The company has a large undeveloped land base in the Bakken area.
Upside: Shares are raised to "outperform" from "market perform" with a price target of $36.50.