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Cobalt International Energy, Inc. (CIE) [hlAlert]

Rating:
Buy CIE
down 70.01 %

Cobalt International Energy, Inc. (CIE) rated Buy with price target $36 by UBS

Posted on: Wednesday,  Mar 20, 2013  11:25 AM ET by UBS

UBS rated Buy Cobalt International Energy, Inc. (NYSE: CIE) on 03/20/2013, when the stock price was $27.95. Since
then, Cobalt International Energy, Inc. has lost 70.02% as of 01/26/2016's recent price of $8.38.
If you would have followed this UBS's recommendation on CIE, you would have lost 70.01% of your investment in 1042 days.

Cobalt International Energy, Inc. operates as an independent oil-focused exploration and production company. The company focuses on the deepwater U.S. Gulf of Mexico, and offshore Angola and Gabon in West Africa. It has strategic relationships with TOTAL E&P USA, INC. and Sociedade Nacional de Combustíveis de Angola?Empresa Pública. The company was founded in 2005 and is based in Houston, Texas.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2013 11:25 AM Buy
None
27.95 36.00
as of 12/13/2013
1 Week down  -6.18 %
1 Month down  -29.28 %
3 Months down  -38.34 %
1 YTD down  -42.46 %

(*) Stock Price at the time of the recommendation.
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