Sanchez Energy Corporation (NYSE: SN) has been a dismal Initial Public Offering stock, but now its quiet period is now expiring and the analysts at the underwriting firms get to issue their thoughts on a company. This company is supposed to be a beneficiary of the Eagle Ford Shale in Texas. Generally speaking, Sachez Energy is getting a very positive move in 2012.
Started as Buy with a $33 target at Canaccord Genuity;
Started as Buy with $28 target by Macquarie;
Started as Buy with a $26 target at Stifel Nicolaus;
Started as Outperform by Northland Securities and started as Overweight at Johnson Rice.
Shares of Sanchez Energy ar up 0.75% at $18.85 versus a post-IPO range of $16.96 to $19.22.
