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Fly News Breaks for May 25, 2016
NBL
May 25, 2016 | 07:52 EDT
As noted earlier, Sterne Agee CRT upgraded Noble Energy to Buy from Neutral. The firm says that worries about Israeli politics and an anti-fossil fuels campaign in Colorado are overblown, while the stock's valuation is attractive. The firm advises investors to focus on what it says are the "improving economics" of the company's DJ Basin assets. It believes that the resolution of the Leviathan issues in Israel and a coming update on DJ Basin will be positive catalysts. Target $47.
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