UPDATE: Sterne Agee Upgrades Ultra Petroleum to Neutral on Improved Outlook
December 10, 2012 at 10:15 AM EST
Sterne Agee raised its rating on Ultra Petroleum (NYSE: UPL ) from Underperform to Neutral while removing its $20 price target. Sterne Agee noted, "Over the last three months, shares have lagged our coverage group despite improving natural gas prices. After meeting with the company recently, we have greater
