Energy

Oil & Gas Upgrades & Downgrades on Wall Street (HES, SUN, TSO, MRO, VLO, BRY, SWN)

We’ve seen several analyst calls on Wall Street this morning out of the oil patch, and here are some of the key calls:

  • Hess (NYSE: HES), Sunoco (NYSE: SUN), and Tesoro (NYSE: TSO) were all started as "HOLD" ratings at Citigroup.
  • Marathon Oil (NYSE: MRO) and Valero Energy (NYSE: VLO) were started with "BUY" ratings at Citigroup.
  • Berry Petroleum (NYSE: BRY) was started as Outperform at Morgan Keegan.
  • SW Energy (NYSE: SWN) was downgraded to Market Perform from Outperform at FBR.

Jon C. Ogg
May 30, 2008

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.