UPDATE: Stifel Upgrades PDC Energy on Focus on Wattenberg Middle Core
December 10, 2013 at 11:23 AM EST
In a report published Tuesday, Stifel analyst Michael Scialla upgraded the rating on PDC Energy (NASDAQ: PDCE ) from Hold to Buy, and named a $75.00 price target. In the report, Stifel noted, “We are raising our rating to Buy from Hold based on PDC's significant exposure to the Middle