Barclays (BCS) Bullish on Energy and Equipment
Barclays (NYSE: BCS) has raised its target for Southwestern (NYSE: SWN) based on a potential 38% growth in 2010 production and continued strength in Fayetteville. AGCO’s (NYSE: AGCO) 2010E EPS has been slashed to $1.35 but sound fundamentals indicate bullish long-term prospects.
GE’s (NYSE: GE) U.S. consumer and U.K. mortgage segments have improved but credit losses can still peak. Analyst M. Zenker is bearish on natural gas and does not expect a price recovery in 2010.
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