UPDATE: Canaccord Genuity Initiates Southwestern Energy with Buy on Marcellus Production Growth
August 20, 2013 at 11:29 AM EDT
In a report published Tuesday, Canaccord Genuity analyst Robert Christensen initiated coverage on Southwestern Energy Company (NYSE: SWN ) with a Buy rating and $50.00 price target. In the report, Canaccord Genuity noted, “We believe SWN is capable of impressive rates of production growth in the Marcellus shale while further