BPZ Resources (BPZ +9.1%) trades higher a day after landing an upgrade from Rodman & Renshaw...

|About: BPZ Resources, Inc. (BPZ)|By:, SA News Editor

BPZ Resources (BPZ +9.1%) trades higher a day after landing an upgrade from Rodman & Renshaw to Market Outperform from Market Perform. Analysts arrive at a price target of $5.50 for shares by applying a 0.8X multiple to the NAV of the firm's reserves.