Kodiak Oil & Gas (KOG -5%) trades lower after being downgraded to Market Perform on...

|About: Kodiak Oil & Gas Corp (KOG)|By:, SA News Editor

Kodiak Oil & Gas (KOG -5%) trades lower after being downgraded to Market Perform on valuation at Northland Securities. Northland says the stock has posted a 130% gain since its Williston Basin acquisition in early October, and is nearing its $10 target. Other companies such as Voyager (VOG -1.4%), American Standard (ASEN flat) and Synergy (SYRG -1.8%) currently trade at a 30% relative discount and have more attractive valuations.