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Enter Symbol:
Rating: EGN
Neutral $50

Energen Corporation (NYSE: EGN) downgraded to Neutral with price target $50 by UBS

Tuesday,  Dec 15, 2015  12:25 PM ET by Lynn Gilbert

UBS downgraded Energen Corporation (NYSE: EGN) to Neutral with price target $50.
Previously, UBS rated Energen Corporation (NYSE: EGN) to Buy with price target $67 on 08/01/2013, when the stock price was valued at $66.07.

Energen Corporation (Energen) is an energy holding company engaged in the development, acquisition, exploration and production of oil, natural gas and natural gas liquids in the continental United States and in the purchase, distribution and sale of natural gas in central and north Alabama. The two subsidiaries of the Company are Energen Resources Corporation (Energen Resources) and Alabama Gas Corporation (Alagasco). The Company operates in two business segments: oil and gas operations, and natural gas distributions.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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