UPDATE: Raymond James Downgrades National Fuel Gas on Fair Valuation
November 21, 2013 at 11:42 AM EST
In a report published Thursday, Raymond James analyst Kevin Smith downgraded the rating on National Fuel Gas Co. (NYSE: NFG ) from Outperform to Market Perform, and removed the $74.00 price target. In the report, Raymond James noted, “By almost all measures, National Fuel Gas had a very strong year.