UPDATE: BMO Capital Markets Upgrades Goodrich Petroleum to Outperform on Risk/Reward
January 22, 2013 at 12:42 PM EST
BMO Capital Markets upgraded Goodrich Petroleum Corporation (NYSE: GDP ) from Market Perform to Outperform and raised the price target from $10.00 to $11.00. BMO Capital Markets noted, "We believe the cleansing the stock has suffered presents a favorable risk/reward in which to gain exposure to exploration efforts targeting