Bill Barrett Corporation (NYSE:BBG) was downgraded by research analysts at Barclays from an “overweight” rating to an “equal weight” rating in a report released on Monday, ARN reports. They currently have a $28.00 price target on the stock, up from their previous price target of $26.00. Barclays’ target price would suggest a potential upside of 1.12% from the company’s current price. Bill Barrett Corporation (NYSE:BBG) stock opened at $24.73 in last trading session, and closed at $23.00, trading in the range of $22.82 – $24.99. The stock showed a negative weekly performance of -17.65%.
Tidewater Inc. (NYSE:TDW) is the only offshore services name that Wunderlich rates a stock to buy. Tidewater provides offshore service vessels and marine support services through the operation of a fleet of marine service vessels. It provides services in support of offshore exploration, field development and production, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover and production activities; offshore construction, ROV operations and seismic support; and various specialized services, such as pipe and cable laying. Investors are paid a 1.9% dividend. The Wunderlich price target is $76, and the consensus target is $68.93. Tidewater Inc. (NYSE:TDW) shares closed at $46.89 on last trade day, by losing -7.13%. Stock 52 week range is $45.19 – $63.22. Company’s market capitalization is $2.33 billion.
NuStar Energy L.P. (NYSE:NS) announced that it signed a long-term deal with Occidental Petroleum for the shipment of natural gas liquids through the former’s pipeline in Texas. The terms of the arrangement were not disclosed. The pipeline is a 200-mile, 12-inch conduit located in Southeast Texas with a capacity of roughly 110,000 barrels per day. It is currently idle; NuStar said it would repurpose it from its current configuration for refined products to NGLs. NuStar Energy L.P. (NYSE:NS) stock opened at $49.00 in last trading session, and closed at $51.25, trading in the range of $47.99 – $52.84. The stock showed a positive weekly performance of 6.13%.
Stock analysts at Roth Capital assumed coverage on shares of Paramount Gold & Silver Corp. (NYSE:PZG) in a report issued on Friday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $1.25 price target on the stock. Roth Capital’s target price would indicate a potential upside of 17.92% from the stock’s previous close. Paramount Gold and Silver Corp. (NYSEMKT:PZG) stock opened at $1.24 in last trading session and closed at $1.17. The 52 week range of the stock is $0.78 – $2.29 and the day range was $1.15 – $1.26.