Seeking Alpha

Noble Energy (NBL +0.3%) is downgraded to Market Perform with a $115 price target (down from...

Noble Energy (NBL +0.3%) is downgraded to Market Perform with a $115 price target (down from $125) at BMO Capital on valuation after the stock's strong six-month run. But the firm remains excited by NBL's next growth chapter, as the company looks at five projects likely to be sanctioned this year totaling ~200M bbl/day in resource potential.
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