The top analyst upgrades, downgrades and initiations seen on Thursday morning include Deutsche Bank, Editas, EMC, Exxon Mobil, First Solar and Newmont Mining.
The May 13 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
Deutsche Bank analysts think it’s clear that at $50 a barrel, hedging and activity starts to increase, and they favor four companies for a continued moderate recovery in the energy sector.
The short interest data have been released for the April 29 settlement date, and short interest for the selected oil stocks was ultimately mixed.
ConocoPhillips (NYSE: COP) reported mixed first-quarter 2016 results before markets opened Thursday morning.
Paul Ausick With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest is now more important than ever to follow.
In a new research note, Merrill Lynch sees the potential for higher oil prices and raises its price targets on some of the top stocks in its energy research coverage universe.
Top analyst upgrades, downgrades and initiations seen Thursday morning include Abbott Labs, American Express, Apple, Citrix, ConocoPhillips, Kinder Morgan, Qualcomm, ServiceNow and Tesla Motors.
With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest is now more important than ever to follow.
Many short sellers backed away from mega-oil and large energy-related companies in the two-week period that ended March 15.
While oil is up, a variety of factors are coalescing to ensure it won't be up for long, or at least that it won’t rise much further.
With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest is now more important than ever to follow.
Some analysts are starting to declare bottoms and are seeing serious value for those oil investors who can look out in 2017 or beyond.
With oil prices slumping and global markets showing signs of weakness, short interest is now more important than ever to follow.
The January 29 short interest data have been compared with the previous figures, and short interest for the selected oil stocks is largely down.
