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Deutsche Bank reiterates its Hold rating on ConocoPhillips (COP -0.5%) after its “lame...

  • Tuesday, April 24, 2012, 10:57 AM ET
    Deutsche Bank reiterates its Hold rating on ConocoPhillips (COP -0.5%) after its “lame duck” Q1 results, preferring Exxon Mobil (XOM +0.6%) as its "play on cash return to shareholders. COP confirmed that the pace of its stock buybacks will slow after Q2, “providing less support for what looks like a generous multiple," the firm says.
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This news story has 2 comments:

  •  
    I assume DB foresaw the EU problems as well, silly analyst just blather to blather. this is the 2nd change in the quarter and 3rd is a year. keep guessing and I won't pay attention.
    24 Apr 2012, 11:26 AM Reply Like
  •  
    xom is a great company for me. owned it since 1974. Dividends have been a great gift.
    24 Apr 2012, 03:13 PM Reply Like
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