Encana Corporation (ECA)

[EZ2]

MARKET TALK: Potential Aside, Credit Suisse Sours On EnCana

04/13 11:45 AM

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11:45 (Dow Jones) Credit Suisse believes Encana (ECA:$17.83,00$-0.39,00-2.14%) will ultimately generate value for shareholders, but firm isn't willing to wait anymore for that to happen, downgrading the big natural gas producer to neutral from outperform. ECA has one of "the best resource bases in the industry," but given the "weak macro natural gas environment in North America," the firm advises investors to look elsewhere in the sector for more attractively valued stocks. ECA down 2.1% at $ 17.84. ([e-mail])

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