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Replies to post #8 on Plains Exploration & Production Company (PXP)

Replies to #8 on Plains Exploration & Production Company (PXP)

Picassa

02/10/09 8:08 PM

#9 RE: Picassa #8

Updated outlook for Plains.

Raised 2009 eps estimate by 95 cents to $3.74.
Heavy cap ex for Haynesville.

Cut target price by $5 to $27.

Maintains a Buy rating.