Friday, January 6, 2012

Devon (DVN) (CHK) (NSC) (ED) (CEG) (EMR) Ratings, Price Targets

Devon Energy Co. (NYSE: DVN), Chesapeake Energy (NYSE: CHK), Norfolk Southern Corp. (NYSE: NSC), Consolidated Edison, Inc. (NYSE: ED), Constellation Energy Group (NYSE: CEG) and Emerson Electric Co. (NYSE: EMR) ratings and price targets.

Chesapeake Energy (CHK) is now covered by Bank of America (NYSE:BAC). They have a “Buy” rating on the company.

Norfolk Southern Corp. (NSC) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating.

Consolidated Edison, Inc. (ED) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating.

Constellation Energy Group (CEG) was downgraded by Citigroup from a “Buy” rating to a “Neutral” rating.

Emerson Electric Co. (EMR) is now covered by Morgan Stanley (NYSE:MS). They placed an “Overweight” rating and a price target of $56.00 on the company.

Devon Energy Co. (DVN) had its price target raised by Scotia Capital to $83.00.

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