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KWK Upgraded at Goldman

By Market News Video Staff, Monday, November 15, 1:53 PM ET

Quicksilver Resources (NYSE:KWK) was upgraded by Goldman Sachs (NYSE:GS) today, from sell to neutral.

Goldman also raised its price target on the stock from $13 to $15.

Goldman said the company is a highly probable takeover target.

Quicksilver shares are trading down 0.2% Monday.

Quicksilver is a 3.34% holding of the First Trust ISE-Revere Natural Gas Index Fund (AMEX:FCG), which is trading up 0.1% Monday.

Stone Energy is the top holding in the fund, at 4.72% of the portfolio.

Other top holdings include Exco Resources (NYSE:XCO), at 3.68% of the fund, and Hess (NYSE:HES) at 3.67%.

Find the right mix of model portfolios today at PortfolioChannel.com

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