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Brigham Exploration Company (BEXP) [hlAlert]

Rating:
Buy BEXP
up 37.66 %

Brigham Exploration Company (BEXP) upgraded to Buy with price target $35 by Stifel Nicolaus

Posted on: Thursday,  Aug 11, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Brigham Exploration Company (NASDAQ: BEXP) on 08/11/2011, when the stock price was $26.50. Since
then, Brigham Exploration Company has gained 37.66% as of 12/08/2011's recent price of $36.48.
If you would have followed this Stifel Nicolaus's recommendation on BEXP, you would have gained 37.66% of your investment in 119 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/11/2011 8:25 AM Buy
None
26.50 35.00
as of 12/30/2011
1 Week   
1 Month up  0.13 %
3 Months up  44.36 %
1 YTD up  61.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/26/2011 8:25 AM Hold
None
33.71
7/22/2010 9:25 AM Buy
None
16.31 24.00

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