PDCE Price Target Raised

[dan_s]

> Dow Jones Newswires July 23, 2018 09:02 ET (13:02 GMT)

DJ PDC Energy Price Target Raised to $72.00/Share From $70.00 by JP Morgan who rates PDCE as "Overweight"
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Read carefully what I posted about PDC Energy last week. PDCE is a "Screaming Buy" at today's share price.

[jb2257]

It's amazing that the oil stocks are down while the price of oil is spiking.

[dan_s]

The September NYMEX contract (now the front month) is actually down from where the August NYMEX contract closed on Friday.

I just think there is not much buying interest in this sector until Q2 results come out, which should be very good.