By: Benzinga
UPDATE: Bank of America Downgrades Sandridge Mississippian Trust II on Production, Distribution Outlook
Bank of America downgraded Sandridge Mississippian Trust II (NYSE: SDR ) from Neutral to Underperform and lowered the price target from $19.00 to $14.00. Bank of America noted, "We are reducing our PO based on our lack of confidence in the company's ability to meet its targeted production and cash
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