Stifel Nicolaus Downgrades Goodrich Petroleum To Hold

Analysts at Stifel Nicolaus downgraded Goodrich Petroleum GDP from Buy to Hold and removed the price target of $17.00. Goodrich Petroleum shares have dropped 63.13% over the past 52 weeks, while the S&P 500 index has surged 11.64% in the same period. Goodrich Petroleum's shares fell 0.84% to close at $9.44 on Friday.