UPDATE: KeyBanc Capital Markets Downgrades EXCO Resources to Hold, Reiterates $10 PT
January 23, 2013 at 09:44 AM EST
In a report published Wednesday, KeyBanc Capital Markets downgraded its rating on EXCO Resources (NYSE: XCO ) from Buy to Hold, and reiterated its $10.00 price target. KeyBanc Capital Markets noted, “With the Company's MLP of its Conventional assets expected to close in January, XCO's last remaining monetization of size