UPDATE: KeyBanc Capital Markets Downgrades Energen Corporation to Hold, Reiterates $55 PT

In a report published Wednesday, KeyBanc Capital Markets downgraded its rating on Energen Corporation (NYSE: EGN ) from Buy to Hold, and reiterated its $55.00 price target. KeyBanc Capital Markets noted, “Continuing operational issues, including infrastructure delays, higher water handling costs, as well as dry holes and uneconomic wells, have