Noble Energy 2014 production guidance likely conservative, says RBC Capital After Noble Energy announced slightly weaker than expected 2014 production guidance, RBC Capital thinks the company's growth outlook is still "best-in-class." The firm believes the company's exploration activities have greater potential in 2015 than in 2014. It keeps an $84 price target and Outperform rating on the stock.
News For NBL From The Last 14 Days
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Anadarko price target raised to $120-$130 from $110-$120 at Wells Fargo Wells Fargo increased its price target on Anadarko after the company announced that it had settled the Tronox case for a lower than expected amount. The firm thinks the stock's discount to its peers EOG Resources (EOG) and Noble Energy (NBL) is unjustified. Wells keeps an Outperform rating on Anadarko.