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Brigham Exploration Company (BEXP) [hlAlert]

Rating:
Neutral BEXP
down 13.13 %

Brigham Exploration Company (BEXP) downgraded to Neutral by JP Morgan

Posted on: Tuesday,  Jan 5, 2010  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Brigham Exploration Company (NASDAQ: BEXP) on 01/05/2010. Previously JP Morgan rated Overweight Brigham Exploration Company (NASDAQ: BEXP) on
07/16/2008., when the stock price was $16.60. Since then, Brigham Exploration Company has lost 13.13% as of 01/05/2010's recent price of $14.42.
If you would have followed the previous JP Morgan's recommendation on BEXP, you would have lost 13.13% of your investment in 538 days.

Brigham Exploration Co. is an independent exploration and production company that applies 3-D seismic imaging and other advanced technologies to systematically explore and develop onshore oil and natural gas provinces in the United States. The company focuses its activity inprovinces where it believes 3-D technology may be effectively applied to generate relatively large potential reserve volumes per well and per field, high potential production rates and multiple producing objectives.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/5/2010 8:25 AM Hold
None
14.42
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD up  6.42 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2008 8:25 AM Buy
None
16.60

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