This bullish call comes from more than just one analyst.

Colorado's strict new drilling requirements could hinder a major industry in the state.

Get caught up on the latest oil patch drama right here.

News Scor SE’s (OTC:SCRRY)common stock achieved our target price on 11 December 2008. The increase in price partly reflects optimism over the upgrade of the company’s financial strength rating from A3 to A2 by Moody on 04 December 2008 coupled with successful integrations of both Agnico-Eagle Mines Limited (NYSE:AEM)announced its FY 2009 gold production and [...]

On 11 December 2008, EnCana Corporation (EnCana) lowered its FY 2009 budget guidance from FY 2008 levels given a tough operating environment and falling crude oil prices. The company expects to invest US$6.1 bn to maintain flat y-o-y production levels during the year. As the guidance is below our expectation, we downgrade the stock [...]

"Even if the bear market bottom is not yet in place, it will most likely come a lot sooner than many now believe," says market historian and money manager Jim Stack. In his InvesTech Market Analyst he takes a look at past recessions, the recent market action and the outlook for the stock market and the economy, as well as select energy stocks that he has upgraded. "Surprising to most, this is already one[More...]

In its weekly natural gas status report, the Energy Information Administration (EIA) reported last Thursday that gas in storage totaled 3,167 billion cubic feet (Bcf) for the week ended December 12, 2008. This represents a net withdrawal of 124 Bcf from the preceding week, the largest this heating season, but modestly below the 128 Bcf ...

Filed under: Analyst reports, Analyst upgrades and downgrades, Sprint Nextel Corp (S), CVS Corp (CVS), Analyst initiations, Kinross Gold (KGC)

Analyst upgrades:

• Jefferies upgraded shares of Devon Energy (NYSE: DVN) to Buy from Hold on expectations that Haynesville results could be a catalyst in 2009. The firm raised their target to $100 from $94.
  
• Friedman Billings upgraded shares of Republic Services (NYSE: RSG) to Outperform from market Perform following the completed merger with Allied Waste (NYSE: AW).
  
• KeyBanc upgraded NorthWestern (NYSE: NWE) to Buy from HOld as they expect the Montana commission to grant the company's pending request for an accounting order to smooth pension expenses over five years.
• EnCana (NYSE: ECA) was upgraded to Neutral from Sell at Goldman.
  
• Goldman also upgraded Questar (NYSE: STR) to Buy from Neutral.
  
• Kinross Gold (NYSE: KGC) was raised to Outperform from Neutral at Credit Suisse.

Analyst downgrades:

Continue reading Analyst calls: DVN, RSG, ECA, KGC, AIV, DB, DLTR, CVS, PETM, S, MU ...

Analyst calls: DVN, RSG, ECA, KGC, AIV, DB, DLTR, CVS, PETM, S, MU ... originally appeared on BloggingStocks on Mon, 08 Dec 2008 12:12:00 EST. Please see our terms for use of feeds.

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