Analysts at Canaccord Genuity initiated coverage on Bonanza Creek Energy Inc BCEI with a Buy rating.
The target price for Bonanza Creek Energy is set to $29.
Bonanza Creek Energy shares have dropped 68.55 percent over the past 52 weeks, while the S&P 500 index has surged 4.27 percent in the same period.
Bonanza Creek Energy shares fell 6.85 percent to close at $17.95 yesterday.
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