News about

Benzinga's Top Initiations

Wed, 08 May 2013 09:26:03 -0400

Analysts at Piper Jaffray initiated coverage on shares of The Children's Place Retail Stores (NASDAQ: PLCE) with a “neutral” rating. The target price range for Children's Place is set to $49. Children's Place shares closed at $50.26 yesterday.

Morgan Stanley initiated coverage on shares of Paragon Shipping (NYSE:

UPDATE: Canaccord Initiates Bonanza Creek Energy with Buy on Attractive Risk/Reward Profile

Thu, 25 Apr 2013 09:58:28 -0400

In a report published Thursday, Canaccord Genuity analyst Ipsit Mohanty initiated coverage on Bonanza Creek Energy (NYSE: BCEI) with a Buy rating and $49.00 price target.

In the report, Mohanty noted, “Bonanza Creek (BCEI) offers pure-play exposure to what we believe are the ‘sweet spots' of the DJ Basin.

UPDATE: Topeka Capital Markets Lowers PT on Bonanza Creek Energy Following Analyst Day

Fri, 12 Apr 2013 10:42:11 -0400

In a report published Friday, Topeka Capital Markets analyst Gabriele Sorbara reiterated a Hold rating on Bonanza Creek Energy (NYSE: BCEI), but lowered the price target from $42.00 to $38.00.

In the report, Sorbara noted, “After tuning in to Bonanza Creek Energy's (BCEI) Analyst Day which was held in

Thursday Morning – BCEI, PVA, NFX, RRC

Thu, 11 Apr 2013 08:32:22 -0400

Market Sentiment Watch: S&P 500 closes at all time high yesterday. Energyland is still quite the mixed bag in terms of the last 24 months of performance (pull up a weekly chart of the XLE or the XOP … nice long tightening base). I count in E&P alone a number of groups from [...]

UPDATE: Topeka Initiates Bonanza Creek Energy with Hold Rating on Higher Risk/Reward Tradeoff

Wed, 27 Mar 2013 10:29:28 -0400

In a report published Wednesday, Topeka Capital Markets analyst Gabriele Sorbara initiated coverage on Bonanza Creek Energy (NYSE: BCEI) with a Hold rating and $42.00 price target.

In the report, Sorbara noted, “While we like the Company's position and upside in the core Wattenberg Niobrara play, we see a

UPDATE: Stifel Nicolaus Downgrades Bonanza Creek Energy to Hold on Lower NAV Estimates

Tue, 19 Mar 2013 09:32:38 -0400

Stifel Nicolaus downgraded Bonanza Creek Energy (NYSE: BCEI) from Buy to Hold and removed the price target of $35.00.

Stifel Nicolaus analyst Michael Scialla wrote, "We are adjusting our Niobrara type curve based on production data from 22 horizontal wells completed since 1/1/2011. […] YTD, the stock (+49%) has

UPDATE: Societe Generale Raises PT to $43 on Bonanza Creek Energy on Strong Q4, Well Data

Mon, 18 Mar 2013 09:39:51 -0400

Societe Generale maintained Bonanza Creek Energy (NYSE: BCEI) with a Hold rating and raised the price target from $26.00 to $43.00.

Societe Generale analyst John Herrlin noted, "BCEI 4Q12 results beat our above consensus estimate, with adjusted EPS $0.39 > $0.38SGe and the Street's $0.35, and much stronger DCFPS

UPDATE: Imperial Capital Re-Initiates Bonanza Creek Energy at In-Line Ahead of Catalysts, Earnings

Tue, 29 Jan 2013 12:00:52 -0500

Imperial Capital re-initiated coverage on Bonanza Creek Energy (NYSE: BCEI) with an In-Line rating and a $33 price target.

Imperial Capital commented, "With the Niobrara “B” Bench in full development mode on 80-acre spacing, this year BCEI will continue to test the additional resource potential of the Niobrara

Wednesday Morning – Presentation Wraps and More

Wed, 09 Jan 2013 08:23:44 -0500

Market Sentiment Watch: Market looks bored with no data other than earnings to support recent rally. This too shall pass. Energy land continues to outperform on a relative basis and many stories that slept through either the last quarter or the entirety of 2012 are waking up to being at new recent to 52 [...]

UPDATE: Wunderlich Securities Reiterates Buy Rating, Raises PT on Bonanza Creek Energy

Fri, 04 Jan 2013 08:34:33 -0500

In a report published Friday, Wunderlich Securities reiterated its Buy rating on Bonanza Creek Energy (NYSE: BCEI), and raised its price target from $28.00 to $34.00.

Wunderlich Securities noted, “Bonanza Creek Energy (BCEI) provided guidance and an update on January 3, 2013. The company is expecting production ranging from

T.G.I.F.

Fri, 09 Nov 2012 08:18:01 -0500

Market Sentiment Watch: Sloppy market / really sloppy group. China showing modest signs of pickup but no reaction in the States so far or in crude markets. Market and group lacks confidence at this point (more so than usual). I hold onto core positions in the ZLT during periods where I think the market is [...]

Laredo Petroleum leads trio of energy IPOs

Thu, 15 Dec 2011 13:44:04 -0500

Bonanza Creek Energy and Mid-Con Energy Partners fall back from pricing levels in initial trading, while Sanchez Energy makes up a little ground following a lackluster debut Wednesday.