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

Rating:
Neutral CIE
up 18.38 %

Cobalt International Energy, Inc. (CIE) downgraded to Neutral by Credit Suisse

Posted on: Tuesday,  Dec 3, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Cobalt International Energy, Inc. (NYSE: CIE) on 12/03/2013. Previously Credit Suisse rated Outperform Cobalt International Energy, Inc. (NYSE: CIE)
on 01/25/2010., when the stock price was $15.23. Since then, Cobalt International Energy, Inc. has gained 18.38% as of 12/03/2013's recent price of $18.03.
If you would have followed the previous Credit Suisse's recommendation on CIE, you would have gained 18.38% of your investment in 1408 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/3/2013 8:25 AM Hold
None
18.03
as of 12/13/2013
1 Week   
1 Month down  -20.71 %
3 Months down  -30.86 %
1 YTD down  -26.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2010 8:25 AM Buy
None
15.23 19.00

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