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CONCHO RESOURCES INC (CXO) [hlAlert]

Rating:
Buy CXO
down 6.54 %

CONCHO RESOURCES INC (CXO) rated Buy with price target $138 by Wunderlich

Posted on: Friday,  Nov 8, 2013  8:25 AM ET by Wunderlich

Wunderlich rated Buy CONCHO RESOURCES INC (NYSE: CXO) on 11/08/2013, when the stock price was $110.20. Since
then, CONCHO RESOURCES INC has lost 6.54% as of 08/27/2015's recent price of $102.99.
If you would have followed this Wunderlich's recommendation on CXO, you would have lost 6.54% of your investment in 657 days.

Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties. The Company's conventional operations are primarily focused in the Permian Basin of Southeast New Mexico and West Texas. In addition, the Company is involved in a number of unconventional emerging resource plays.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2013 8:25 AM Buy
None
110.20 138.00
as of 12/13/2013
1 Week up  0.54 %
1 Month down  -9.27 %
3 Months down  -2.89 %
1 YTD up  24.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/10/2013 8:25 AM Buy
None
108.88 128.00
2/22/2013 8:25 AM Buy
None
93.68 132.00
11/9/2012 8:25 AM Buy
None
81.23 132.00
2/24/2012 8:25 AM Buy
None
111.99 129.00
11/4/2011 8:25 AM Buy
None
98.87 115.00
10/4/2011 8:25 AM Hold
None
65.29 70.00
5/27/2011 8:25 AM Buy
None
96.52 105.00
2/4/2011 8:25 AM Hold
None
95.62 87.00

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