UPDATE: Topeka Capital Markets Initiates PDC Energy with Hold on Mixed Factors
April 10, 2013 at 10:32 AM EDT
In a report published Wednesday, Topeka Capital Markets analyst Gabriele Sorbara initiated coverage on PDC Energy (NASDAQ: PDCE ) with a Hold rating and $50.00 price target. In the report, Sorbara noted, “We are initiating coverage of PDC Energy (PDCE) with a Hold rating and price target of $50.00 per