Hess (HES +4.3%) surges as the oil and gas producer is named a top pick at BofA, which notes the...


Hess (HES +4.3%) surges as the oil and gas producer is named a top pick at BofA, which notes the stock has dropped to within 10% of its 2008 low. "Regardless of the European concerns, this is unwarranted," the firm says. Tudor Pickering also upgrades Hess as well as Occidental (OXY +2.7%) and Concho (CXO +3.7%) to Buy, while cutting Goodrich (GR) to Hold.

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