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Deutsche Bank Initiates Coverage On Valero Energy Corporation, Says Company Is Well Positioned
Thursday, October 9, 2014 - 11:01am | 230Deutsche Bank initiated coverage of Valero Energy Corporation (NYSE: VLO) on Wednesday with a Buy rating and price target of $60. In Wednesday’s report, analysts Ryan Todd and Igor Grinman claimed that Valero “is well positioned to benefit from what we see as three primary dynamics...
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UPDATE: Deutsche Bank Initiates Coverage of Marathon Petroleum Corp, Call Stock A 'Top Pick'
Thursday, October 9, 2014 - 10:43am | 210Deutsche Bank initiated coverage of Marathon Petroleum Corp. (NYSE: MPC) on Wednesday with a Buy Rating and price target of $103. Analysts Ryan Todd and Igor Grinman called Marathon a “top pick” and that it “offers one of the most balanced investment cases in our coverage...
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Deutsche Bank Explains Why It Likes Integrated Oil
Tuesday, June 10, 2014 - 11:38am | 461Deutsche Bank initiated coverage of integrated oil companies following three years of restructuring in the industry. The major impacts of the restructuring initiative is increased WTI exposure, lower production, an increase in U.S. unconventional production and a significant increase in free...
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UPDATE: Deutsche Bank Initiates Coverage On ConocoPhillips, Sees 16.3% Upside
Tuesday, June 10, 2014 - 9:19am | 215ConocoPhillips (NYSE: COP) was initiated with a Buy rating at Deutsche Bank with a $94 price target (16.3 percent upside) Tuesday morning. Analyst Ryan Todd likes ConocoPhillips’ free cash flow (second highest yield in the sector), dividend and long-term strategy. “COP’s...
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UPDATE: Deutsche Bank Initiates Coverage On Occidental Petroleum On Portfolio Uncertainty
Tuesday, June 10, 2014 - 8:54am | 188Shares of Occidental Petroleum (NYSE: OXY) are unchanged Tuesday morning, despite a $110 price target (9.8 percent upside) and Hold rating by Deutsche Bank. In the research report, analyst Ryan Todd started by outlining his primary concern: uncertainty with Occidental’s portfolio. Despite...
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UPDATE: Deutsche Bank Initiates On Chevron, Sees 14% Upside
Tuesday, June 10, 2014 - 8:15am | 154Along with a series of other companies, Deutsche Bank initiated coverage on Chevron (NYSE: CVX) with a Buy rating and $142 price target (14.2 percent upside). Analyst Ryan Todd starts by commenting that Chevron has been spending too much money on heavy capital expenditure projects and that free...
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UPDATE: Deutsche Bank Initiates Coverage On ExxonMobil
Tuesday, June 10, 2014 - 8:13am | 189In a note released early Tuesday morning, Deutsche Bank analyst Ryan Todd initiated coverage on ExxonMobil (NYSE: XOM) with a Hold rating and announced a $105 price target. Todd acknowledged that ExxonMobil has a "renewed shareholder focus" and reduced capital expenditures for 2014,...
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UPDATE: Deutsche Bank on Cobalt International Energy on Mixed Factors
Friday, December 20, 2013 - 10:45am | 160In a report published Friday, Deutsche Bank analyst Ryan Todd reiterated a Buy rating on Cobalt International Energy (NYSE: CIE), but lowered the price target from $32.00 to $25.00. In the report, Deutsche Bank noted, “In a fitting finish to what has been a difficult past 6 months, CIE...
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UPDATE: Deutsche Bank Upgrades Oasis Petroleum Following Bakken Acquisition Announcement
Friday, September 6, 2013 - 12:18pm | 145In a report published Friday, Deutsche Bank analyst Ryan Todd upgraded the rating on Oasis Petroleum (NYSE: OAS) from Hold to Buy, and raised the price target from $45.00 to $55.00. In the report, Deutsche Bank noted, “We see OAS' announced acquisition in the Bakken as a double victory for the...
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UPDATE: Deutsche Bank Initiates Coverage on Kodiak Oil & Gas on Peer-Leading Cash Flow Growth
Friday, May 24, 2013 - 8:29am | 143In a report published on Friday, Deutsche Bank analyst Ryan Todd initiated coverage on Kodiak Oil & Gas Corp. <kodiak gas="" oil="" strong=""> (NYSE: KOG) with a Hold rating and a price target of $11.00</kodiak> In the report, Todd noted, "Like a young, talented player still...