By: Benzinga
February 19, 2013 at 09:14 AM EST
UPDATE: Imperial Capital Downgrades Endeavour International Corporation to In-Line on Execution Missteps
Imperial Capital downgraded Endeavour International Corporation (NYSE: END ) from Outperform to In-line and lowered the price target from $11.00 to $8.50. Imperial Capital commented, "The company failed to close on its acquisition of MacCulloch and announced further delays related to first production at Rochelle (now targeting June/July 2013 timeframe).
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