UPDATE: KeyBanc Downgrades Berry Petroleum Company to Hold, Removes PT Following Takeout Bid
February 22, 2013 at 08:25 AM EST
In a report published Friday, KeyBanc downgraded its rating on Berry Petroleum Company (NYSE: BRY ) from Buy to Hold, and removed its $50.00 price target. KeyBanc noted, “We are downgrading our rating on Berry Petroleum (BRY-NYSE) to HOLD from BUY following the takeout bid by Linn Energy (LINE) in