BAML comes out in support of Linn Energy (LINE) and LinnCo (LNCO), upgrading shares to Buy from...

|About: Linn Energy, LLC (LINEQ)|By:, SA News Editor

BAML comes out in support of Linn Energy (LINE) and LinnCo (LNCO), upgrading shares to Buy from Neutral while lowering its price target on each to $30 from $41. Shares have dropped 29% and 28%, respectively, since July 2 news of the SEC inquiry. LINE +3.9%, LNCO +3.7% premarket.