UPDATE: Sterne Agee Upgrades QEP Resources to Buy on Bullish Outlook
June 05, 2013 at 09:23 AM EDT
In a report published Wednesday, Sterne Agee analyst Tim Rezvan upgraded the rating on QEP Resources (NYSE: QEP ) from Neutral to Buy, and named a $36.00 price target. In the report, Sterne Agee noted, “We upgrade QEP shares to Buy from Neutral and establish a $36 PT (5.2x 2014E