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

|About: Cabot Oil & Gas Corporation (COG)|By:, SA News Editor

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.