UPDATE: SunTrust Robinson Humphrey Upgrades Concho Resources on Multiple Positive Factors
November 08, 2013 at 11:15 AM EST
In a report published Friday, SunTrust Robinson Humphrey analyst Ryan Oatman upgraded the rating on Concho Resources (NYSE: CXO ) from Neutral to Buy, and raised the price target from $110.00 to $145.00. In the report, SunTrust Robinson Humphrey noted, “We are upgrading CXO from Neutral to Buy as 1)