A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Monday, April 09, 2007
Deutsche Bank Sees Sale of All or Parts of Pogo Producing (PPP) Soon
Deutsche Bank upgrades Pogo Producing Co. (NYSE: PPP) from Sell to Hold and raises their price target to $50, citing the growing likelihood of some form of corporate action over the near term, most likely the sale of the company in whole or in parts.