Seeking Alpha

Forest Oil (FST) is upgraded to Buy from Hold at Canaccord, which notes the underperforming...

Forest Oil (FST) is upgraded to Buy from Hold at Canaccord, which notes the underperforming stock now offers a 50%-plus potential return to its $12 target price. The firm believes FST is close to finalizing an Eagle Ford JV, which it sees as the most productive oil asset in FST's portfolio and leading to a meaningful uplift in share prices. FST +4.2% premarket.
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