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Plains Exploration & Production Company (PXP) [hlAlert]

Rating:
Neutral PXP
down 71.23 %

Plains Exploration & Production Company (PXP) downgraded to Neutral by Credit Suisse

Posted on: Monday,  Mar 16, 2009  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Plains Exploration & Production Company (NYSE: PXP) on 03/16/2009. Previously Credit Suisse rated Outperform Plains Exploration & Production Company (NYSE:
PXP) on 03/05/2008., when the stock price was $56.11. Since then, Plains Exploration & Production Company has lost 71.24% as of 03/16/2009's recent price of $16.14.
If you would have followed the previous Credit Suisse's recommendation on PXP, you would have lost 71.23% of your investment in 376 days.

Plains Exploration

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/16/2009 8:25 AM Hold
None
16.14
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD down  -30.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/5/2008 8:25 AM Buy
None
56.11
9/4/2007 9:25 AM Hold
None
38.26

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