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BPZ Resources (BPZ +9.1%) trades higher a day after landing an upgrade from Rodman & Renshaw to...

  • Tuesday, March 13, 2012, 11:44 AM ET
    BPZ Resources (BPZ +9.1%) trades higher a day after landing an upgrade from Rodman & Renshaw to Market Outperform from Market Perform. Analysts arrive at a price target of $5.50 for shares by applying a 0.8X multiple to the NAV of the firm's reserves.
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