Will This Coverage Initiation Help Memorial Resource Development (MRD) Stock Today?

Barclays initiated coverage on Memorial Resource Development (MRD) with an "overweight" rating and a $33 price target.

Jul 8, 2014 9:27 AM EDT

Will This Coverage Initiation Help Memorial Resource Development (MRD) Stock Today?

NEW YORK (TheStreet) -- Barclays initiated coverage on Memorial Resource Development (MRD) with an "overweight" rating and a $33 price target. The firm said the Cotton Valley formation should deliver peer-leading production growth with excess cash flow.

The stock was up 2.76% to $26.06 in pre-market trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

MRD data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

Trade-Ideas LLC identified Memorial Resource Development (MRD) as a weak on high relative volume candidate

TheStreet Wire

Jul 20, 2016 10:00 AM EDT

Stocks with insider trader activity include MRD, GEVO and CRM

TheStreet Wire

Jul 13, 2016 11:15 AM EDT

Stocks with insider trader activity include MRD, CPT and SCSS

TheStreet Wire

May 27, 2016 11:15 AM EDT

Stocks with insider trader activity include RMCF, MRD and CW

TheStreet Wire

May 26, 2016 1:30 PM EDT

CreditSights sees M&A picking up in the oil and gas sector in the second half, citing Concho, Whiting, Oasis, Range, Antero and Anadarko as possible takeouts

Claire Poole

May 24, 2016 11:38 AM EDT

Will This Coverage Initiation Help Memorial Resource Development (MRD) Stock Today?

Barclays initiated coverage on Memorial Resource Development (MRD) with an "overweight" rating and a $33 price target.

If you liked this article you might like

Trending

Advertising Partners

If you liked this article you might like

Memorial Resource Development (MRD) Weak On High Volume

Insider Trading Alert - MRD, GEVO And CRM Traded By Insiders

Insider Trading Alert - MRD, CPT And SCSS Traded By Insiders

Insider Trading Alert - RMCF, MRD And CW Traded By Insiders

Six Potential Oil and Gas Takeover Targets

Trending