Friday, February 10, 2012

Teekay (TNK) (WFT) (CMP) (ERF) (TAT) (RRC) Ratings, Price Targets

Teekay Tankers Ltd. (NYSE: TNK), Weatherford (NYSE: WFT), Compass Minerals International, Inc. (NYSE: CMP), Enerplus Resources Fund (NYSE: ERF), Transatlantic Petroleum Limited (NYSE: TAT) and Range Resources (NYSE: RRC) had ratings and price targets on them adjusted by analysts.

Teekay Tankers Ltd. (TNK) had its price target lowered by Evercore Partners from $6.50 to $6.00. They have an “Overweight” rating on the company.

Weatherford (WFT) had its price target raised by Bank of America (NYSE:BAC) from $21.00 to $25.00. They have a “Buy” rating on the company.

Compass Minerals International, Inc. (CMP) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating. They have a price target of $66.00 on the company, down from $71.00.

Enerplus Resources Fund (ERF) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Transatlantic Petroleum Limited (TAT) was downgraded by Global Hunter Securities from an “Accumulate” rating to a “Neutral” rating.

Range Resources (RRC) was upgraded by Capital One to a “Neutral” rating.

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