SARATOGA RESRCS (SARA) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of SARATOGA RESRCS (SARA) from NEUTRAL to UNDERPERFORM on August 20, 2012, with a target price of $5.70.

Saratoga Resources, Inc. is an oil and natural gas company engaged in the production, development, acquisition and exploitation of crude oil and natural gas properties. The company principally holds interests in property located in parish and state leases of south Louisiana. Saratoga Resources, Inc. is based in Houston, Texas.

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