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Enter Symbol:
 
Plains Exploration & Production Company (PXP) [hlAlert]

Rating:
Mkt Perform
PXP

Plains Exploration & Production Company (PXP) rated Mkt Perform with price target $32 by FBR Capital

Posted on: Friday,  Oct 14, 2011  8:25 AM ET by FBR Capital

FBR Capital rated Mkt Perform Plains Exploration & Production Company (NYSE: PXP) on 10/14/2011. Previously FBR Capital rated Outperform Plains Exploration & Production Company
(NYSE: PXP) on 10/16/2009., when the stock price was $29.77. Since then, Plains Exploration & Production Company has lost 9.30% as of 10/19/2010's recent price of $27.00.
If you would have followed the previous FBR Capital's recommendation on PXP, you would have lost 9.3% of your investment in 368 days.

Plains Exploration

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/14/2011 8:25 AM Hold
None
26.63 32.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2010 8:25 AM Hold
None
27.00 30.00
10/16/2009 8:25 AM Buy
None
29.77 40.00

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