Jan. 31 (Bloomberg) -- OAO Gazprom, world’s biggest natural gas producer, was upgraded to “buy” from “hold” by RMG Securities’ Moscow-based analyst Daria Kozlova.
The company’s 12-month target price was unchanged at $9, Kozlova said via telephone.
RMG Securities raised its recommendation on the stock because energy prices remain high so far this year, Kozlova said.
-- Editor: Marie-France Han
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