Cobalt sell-off on Wells Notice overdone, says Brean Capital Brean Capital views the impact to Cobalt shares following the company's disclosure of a Wells Notice as overdone. Brean says the disclosure overshadowed what sounded like a positive drillstem test at Cobalt's second Cameia appraisal well. The firm says the company's discovered resource is worth at least $18 per share and it reiterates a Buy rating on the stock with a $24 price target.
News For CIE From The Last 14 Days
Check below for free stories on CIE the last two weeks.
UBS to hold a conference Houston Energy Bus-less Tour is being held in Houston on September 17-19 with webcasted company presentations to begin on September 17 at 8:30 am; not all company presentations may be webcasted. Webcast Link