Cabot Oil & Gas (COG +1.4%) shares are positive despite S&P Capital IQ's move to...


Cabot Oil & Gas (COG +1.4%) shares are positive despite S&P Capital IQ's move to downgrade its rating on the stock to Sell from Hold and reducing its price target to $30 from $33. “We see production up 40% in ‘12, but volumes are mostly unprotected for price changes in ‘13 leaving Cabot exposed to changing prices,” the firm says.

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