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Rating: CIE
Buy $14
down 9.00 %

Cobalt International Energy, Inc. (NYSE: CIE) reiterated to Buy with price target $14 by Deutsche Bank

Tuesday,  Aug 25, 2015  1:25 PM ET by Dave Ficere

Deutsche Bank reiterated Cobalt International Energy, Inc. (NYSE: CIE) to Buy with price target $14. Previously Deutsche Bank rated Buy with price target $21 Cobalt International
Energy, Inc. (NYSE: CIE) on 02/24/2015, when the stock price was $9.04. Since then, Cobalt International Energy, Inc.'s stock price has lost 9% as of 08/25/2015's recent price of $8.25.
If you would have followed the previous Deutsche Bank's recommendation on CIE, you would have lost 9% of your investment in 182 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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