UPDATE: BMO Capital Upgrades Southwestern Energy to Outperform
February 06, 2014 at 12:49 PM EST
BMO Capital Upgrades Southwestern Energy (NYSE: SWN ) from Market Perform to Outperform and raises its price target to $50. In Thursdays note analyst Dan McSpirit highlights some reasons for his upgrade, he notes, (1) "Strong and stronger fundamentals – We show the company achieving a cash flow neutral state in