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Forest Oil Corporation (FST) [hlAlert]

up 1,447.05 %

Forest Oil Corporation (FST) downgraded to Underweight by Morgan Stanley

Posted on: Tuesday,  Oct 22, 2013  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Underweight Forest Oil Corporation (NYSE: FST) on 10/22/2013, when the stock price was $5.26. Since
then, Forest Oil Corporation has lost 93.54% as of 12/15/2014's recent price of $0.34.
If you would have followed this Morgan Stanley's recommendation on FST, you would have gained 1447.05% of your investment in 419 days.

Forest Oil Corporation (Forest) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of natural gas and liquids primarily in North America. The Company conducts its operations in three geographical segments and five business units. Geographical segments include the United States, Canada and International. Business units include the Western United States (Western), Southern United States (Southern), Eastern, Canada and International. Forest conducts exploration and development activities in each of its geographical segments. In June 2007, the Company completed the acquisition of The Houston Exploration Company. On August 27, 2007, Forest sold all of its assets located in Alaska (the Alaska Assets) to Pacific Energy Resources Ltd. (PERL).

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2013 8:25 AM Sell
as of 12/13/2013
1 Week up  6.86 %
1 Month up  17.90 %
3 Months up  32.88 %
1 YTD up  53.95 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2013 8:25 AM Hold
12/10/2012 9:25 AM Sell

(*) Stock Price at the time of the recommendation.
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