UPDATE: J.P. Morgan Downgrades LinnCo to Neutral, Lowers PT Following Informal SEC Inquiry Disclosure
July 02, 2013 at 11:01 AM EDT
In a report published Tuesday, J.P. Morgan analyst Alistair J Meadows downgraded the rating on LinnCo LLC (NASDAQ: LNCO ) from Overweight to Neutral, and lowered the price target from $43.00 to $35.00. In the report, J.P. Morgan noted, “We lower our rating on LNCO to Neutral following the disclosure
