johnsyn Tuesday, 02/26/13 09:21:27 AM Re: Timothy Smith post# 153 Post # of 190 Jeffries Raises Cabot Oil & Gas (COG) PT by $20 11:09 AM 2/25/2013 - StreetInsider Jefferies boosted estimates and its price target on Buy-rated Cabot Oil & Gas (NYSE: COG) from $56 to $76 following Q4 results. "While some profit taking is likely near-term, we are raising NAV to $76 on higher Marcellus reserve growth forecast. We think COG is now discounting 2015 reserves, but it possesses many more years of visible growth. The firm raised Q1 EPS from $0.26 to $0.29, FY13 from $1.15 to $1.22 and FY14 from $2.11 to $2.30. Shares of Cabot Oil & Gas closed at $59.81 yesterday, with a 52 week range of $28.84-$59.90.