Monday, January 9, 2012

ECA Marcellus Trust (ECT) Update

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ITZ suggested ECA Marcellus ECT around $24.50 LINK, it soldoff today on an Oppenheimer downgrade and urged investors to liquidate their positions in the stock, as the firm thinks that 2012 consensus estimates for the name are too high, while the return on investment is unattractive at the current price. Target $20.
*Note earnings are due out February 13th.

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