Monday, January 23, 2012

Conoco (COP) (MMR) (CLR) (FST) (RTI) (TIE) Ratings, Price Targets

ConocoPhillips (COP), McMoRan Exploration (MMR), Continental Resources (CLR), Forest Oil (FST), RTI International Metals (RTI) and Titanium Metals (TIE) ratings and price targets.

ConocoPhillips (COP) was downgraded by UBS (NYSE:UBS) from a "Neutral" rating to a "Sell" rating.

McMoRan Exploration (MMR) was downgraded by JPMorgan (NYSE:JPM) from a "Neutral" rating to an "Underweight" rating.

Jefferies (NYSE:JEF) downgraded Continental Resources (CLR) from a "Buy" rating to a "Hold" rating.

Jefferies (NYSE:JEF) downgraded Forest Oil (FST) from a "Buy" rating to a "Hold" rating.

JPMorgan initiated coverage on RTI International Metals (RTI). They placed a "Underweight" rating on the company.

JPMorgan initiated coverage on Titanium Metals (TIE). They placed a "Neutral" rating on the company.

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