Zacks Investment Research downgraded shares of GRAN TIERRA EGY (GTE) from OUTPERFORM to NEUTRAL on January 31, 2013, with a target price of $6.10.
Gran Tierra Energy Inc. is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru. The company strategy is focused on establishing a portfolio of drilling opportunities to exploit undeveloped reserves to grow production, as well as undertaking exploration to grow future reserves.
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