Linn Energy

Morgan Keegan is out with its report today on Linn Energy (NASDAQ: LINE), initiating LINE at Outperform. In a note to clients, Morgan Keegan writes, "We are initiating coverage of Linn Energy, LLC with an Outperform rating. We believe LINE's strategy of focusing on more mature, gentler declining...

Citi is raising its PT on shares of Linn Energy, LLC (NASDAQ: LINE) from $45 to $45.50. Linn Energy closed Wednesday at $38.75.

Linn Energy, LLC (NASDAQ: LINE) reported adjusted EBITDA of $184.7 million, compared to $139.0 million for 3Q09 and “our estimate of $190.5 million for 3Q10,” Citigroup reports. The variance between Citigroup's estimates and the 3Q10 result can be attributed primarily to lower than forecasted...