Sanchez Energy +5% after RBC upgrades shares

|About: Sanchez Energy Corporation (SN)|By:, SA News Editor

Sanchez Energy (SN +5.2%) is upgraded to Outperform from Sector Perform with a $27 price target, up from $23, at RBC Capital.

The firm lifted its rating based on strength in Palmetto and TMS exposure after closing on a 40K acre acquisition.