UPDATE: Canaccord Genuity Cuts PT to $1 on SandRidge Energy on Weaker Asset Yield
March 07, 2013 at 08:53 AM EST
Canaccord Genuity maintained SandRidge Energy (NYSE: SD ) with a Sell rating and lowered the price target from $2.00 to $1.00. Canaccord Genuity commented, "We lowered our target price $1 to $1 per share due a lesser Miss capital yield after recalibrating underlying capital productivity post JV carries. Specifically, the
