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Investment analysts at Howard Weil lowered their target price on shares of Rosetta Resources (NASDAQ:ROSE) to $72.00 in a note issued to investors on Friday, AnalystRatings.NET reports. Howard Weil’s target price suggests a potential upside of 63.86% from the stock’s previous close.

Rosetta Resources (NASDAQ:ROSE) traded down 0.98% during mid-day trading on Friday, hitting $43.51. The stock had a trading volume of 632,131 shares. Rosetta Resources has a 52-week low of $40.83 and a 52-week high of $65.30. The stock’s 50-day moving average is $46.57 and its 200-day moving average is $50.27. The company has a market cap of $2.666 billion and a P/E ratio of 11.74.

Rosetta Resources (NASDAQ:ROSE) last posted its quarterly earnings results on Thursday, November 7th. The company reported $1.01 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.94 by $0.07. The company had revenue of $194.60 million for the quarter, compared to the consensus estimate of $233.02 million. During the same quarter last year, the company posted $0.76 earnings per share. Rosetta Resources’s revenue was up 58.6% compared to the same quarter last year. On average, analysts predict that Rosetta Resources will post $3.87 earnings per share for the current fiscal year.

ROSE has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Rosetta Resources from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, January 14th. They now have a $42.70 price target on the stock. Separately, analysts at KLR Group upgraded shares of Rosetta Resources from a “hold” rating to an “accumulate” rating in a research note to investors on Wednesday, December 18th. Finally, analysts at SunTrust raised their price target on shares of Rosetta Resources from $50.00 to $58.00 in a research note to investors on Monday, November 11th. They now have a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $58.58.

Rosetta Resources Inc (NASDAQ:ROSE) is an independent exploration and production company engaged in the acquisition and development of onshore energy resources in the United States of America.

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