Noble Energy (NBL +0.8%) is among the day's leaders in big energy stocks, as Morgan Stanley starts covering NBL at Overweight and a $120 price target. The firm sees NBL's cash flow/share growth at 4x its peers' in 2013-14, and believes NBL's concentrated exposure to Wattenberg, among the highest U.S. return plays, alone provides 50%-plus upside.
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