In a recent report, analysts at Credit Suisse outlined their 2015 outlook for energy and utility stocks. Here’s a breakdown of their top stocks to avoid in 2015.
1. CVR Refining LP CVRR: Analysts see a risk of Cushing margin compression, and they believe that CVR will struggle to compete with peers in the sector. Credit Suisse is projecting below-consensus earnings for CVR in 2015. Price target: $19.00 2. SandRidge Energy Inc. SD: Analysts believe the risk associated with SandRidge’s extremely high leverage will likely lead to significant capex cuts in 2015. These spending cuts will limit production growth and cash flows, and the company will likely underperform as a result. Price target: $2.80© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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