By: Benzinga
February 20, 2013 at 08:47 AM EST
UPDATE: J.P. Morgan Initiates Linn Energy LLC with Overweight Rating on Growth Through Acquisitions
In a report published Wednesday, J.P. Morgan initiated coverage on Linn Energy LLC (NASDAQ: LINE ) with an Overweight rating and $43.00 price target. J.P. Morgan noted, “LINE's primary growth strategy is to acquire and exploit oil and natural gas assets by completing accretive deals focusing on long-lived properties with
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