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Rating: CIE
Buy $21
down 47.00 %

Cobalt International Energy, Inc. (NYSE: CIE) reiterated to Buy with price target $21 by Deutsche Bank

Tuesday,  Feb 24, 2015  12:25 PM ET by Betsy O'Brien Harrison

Deutsche Bank reiterated Cobalt International Energy, Inc. (NYSE: CIE) to Buy with price target $21. Previously Deutsche Bank reiterated Cobalt International Energy, Inc. (NYSE: CIE) to Buy
with price target $32 on 12/09/2013, when the stock price was $16.92. Since then, Cobalt International Energy, Inc.'s stock price has lost 47% as of 02/24/2015's recent price of $9.04.
If you would have followed the previous Deutsche Bank's recommendation on CIE, you would have lost 47% of your investment in 442 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.



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