Wednesday, May 11, 2011

Price Targets on (BSFT) (CEP) (CHK) (CXO) (EP) Updated

Price targets on Broadsoft Inc (NASDAQ: BSFT), Constellation Energy (NYSE: CEP), Chesapeake Energy (NYSE: CHK), Concho Resources Inc. (NYSE: CXO) and El Paso Corporation (NYSE: EP) updated by analysts.

Jefferies (NYSE:JEF) raised their price target on Broadsoft Inc (BSFT) to $48.50. They have a “buy” rating on the company.

Citigroup (NYSE:C) cut their price target on Constellation Energy (CEP) from $3.50 to $3.00. They have a “hold” rating on the company.

Barclays Capital cut their price target on Chesapeake Energy (CHK) from $46.00 to $42.00. They have an “overweight” rating on the company.

Barclays Capital raised their price target on Concho Resources Inc. (CXO) from $121.00 to $123.00. They have an “equal weight” rating on the company.

Morgan Stanley (NYSE:MS) raised their price target on El Paso Corporation (EP) from $22.00 to $24.00. They have an “overweight” rating on the company.

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