Cabot Oil & Gas (COG) +2.3% premarket after the stock is upgraded to Buy with a new $55...

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

Cabot Oil & Gas (COG) +2.3% premarket after the stock is upgraded to Buy with a new $55 price target (up from $41) by Goldman Sachs, which calls COG the lowest-cost U.S. dry gas shale producer and says a pullback in shares of domestic oil producing firms appears to be overdone. The firm also reaffirms Conviction List Buy ratings for EOG, PXD and NBL.