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Fly News Breaks for November 18, 2015
SU, ZSPH, SBLK, BANX, SALT, SM, OXLC, NES, KGC, KMI, HIG, XOM, DSX, CTXS
Nov 18, 2015 | 10:02 EDT
Today's noteworthy downgrades include: Citrix (CTXS) downgraded to Neutral from Buy at Mizuho... Diana Shipping (DSX) downgraded to Hold from Buy at Deutsche Bank... Exxon Mobil (XOM) downgraded to Underperform from Market Perform at Raymond James... Hartford Financial (HIG) downgraded to Hold from Buy at Argus... Kinder Morgan (KMI) downgraded to Buy from Conviction Buy at Goldman... Kinross Gold (KGC) downgraded to Market Perform from Outperform at Raymond James... Nuverra Environmental (NES) downgraded to Market Perform from Outperform at Cowen... Oxford Lane (OXLC) downgraded to Hold from Buy at Maxim... SM Energy (SM) downgraded at BMO Capital... Scorpio Bulkers (SALT) downgraded to Hold from Buy at Deutsche Bank... Star Bulk Carriers (SBLK) downgraded to Hold from Buy at Deutsche Bank... StoneCastle (BANX) downgraded to Market Perform from Outperform at Keefe Bruyette... Suncor (SU) downgraded to Hold from Buy at TD Securities... ZS Pharma (ZSPH) downgraded to Neutral from Buy at Citi.
News For CTXS;DSX;XOM;HIG;KMI;KGC;NES;OXLC;SM;SALT;BANX;SBLK;ZSPH;SU From the Last 2 Days
XOM
Mar 19, 2024 | 06:41 EDT
Mizuho raised the firm's price target on Exxon Mobil to $125 from $119 and keeps a Neutral rating on the shares. The analyst updated the company's model to reflect year-end 2023 reserves. The firm says that despite Exxon's strong operational performance, it sees 11% upside to net asset value from current prices.
XOM
Mar 19, 2024 | 06:22 EDT
Exxon Mobil (XOM) CEO Darren Woods said the tense dispute with Chevron (CVX) over a Guyana oilfield will not damage the relationship between the two companies, Myles McCormick and Jamie Smyth of The Financial Times says. Exxon has begun an arbitration process against Chevron over its $53B deal for Hess (HES), arguing it has a right of refusal over Hess' stake in Stabroek Block off the coast of Guyana. The standoff between the two companies threatens to complicate their joint ventures. Reference Link