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Brigham Exploration Company (BEXP) [hlAlert]

Rating:
Market Perform
BEXP
up 0.10 %

Brigham Exploration Company (BEXP) downgraded to Market Perform with price target $36.50 by Northland Securities

Posted on: Tuesday,  Oct 18, 2011  9:25 AM ET by Northland Securities

Northland Securities rated Market Perform Brigham Exploration Company (NASDAQ: BEXP) on 10/18/2011. Previously Northland Securities rated Outperform Brigham Exploration Company (NASDAQ: BEXP)
on 02/28/2011., when the stock price was $36.49. Since then, Brigham Exploration Company has gained 0.11% as of 10/18/2011's recent price of $36.53.
If you would have followed the previous Northland Securities's recommendation on BEXP, you would have gained 0.1% of your investment in 232 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.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/18/2011 9:25 AM Hold
None
36.53 36.50
as of 12/30/2011
1 Week   
1 Month   
3 Months up  44.55 %
1 YTD up  34.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2011 9:25 AM Buy
None
36.49 42.00
12/15/2010 12:25 PM Buy
None
27.85 36.00

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