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Tuesday, January 24, 2012

Barrick (ABX) (HMY) (MFN) (CRK) (SARA) (PXD) Ratings, Price Targets

Barrick Gold (NYSE: ABX), Harmony Gold Mining (NYSE: HMY), Minefinders Corp. Ltd. (NYSE: MFN), Comstock Resources (NYSE: CRK), Saratoga Resources (NASDAQ: SARA) and Pioneer Natural Resources (NYSE: PXD) ratings and price targets.

Barrick Gold (ABX) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

Harmony Gold Mining (HMY) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating.

Minefinders Corp. Ltd. (MFN) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating.

Comstock Resources (CRK) was downgraded by Global Hunter Securities from an “Accumulate” rating to a “Neutral” rating. They have a price target of $20.00 on the company, down from $30.00.

C.K. Cooper initiated coverage on Saratoga Resources (SARA). They placed a “Buy” rating and a price target of $10.00 on the company.

Pioneer Natural Resources (PXD) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

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