Goldman Sachs upgrades IOC

[admin]

From hold to buy, details will follow

http://biznewsindex.com/news/interoil-up...at-goldman

[Palm]

Nice, thanks STP

[Gator]

Don't get too excited, it looks like they have a $48.60 target price.

[Getitrt2]

From the Yahoo MB and the Dakota Financial News (partial):

Goldman Sachs Upgrades InterOil to “Buy” (IOC)
August 3rd, 2015 - 0 comments - Filed Under - by Maddie Sorensen


InterOil (NYSE :IOC) was upgraded by Goldman Sachs from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, Marketbeat reports.
InterOil (NYSE:IOC) traded up 0.19% during mid-day trading on Monday, reaching $42.86. 109,352 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $51.03 and a 200-day moving average of $47.16. The stock’s market cap is $2.12 billion. InterOil has a one year low of $33.23 and a one year high of $63.32.
Other equities analysts have also recently issued reports about the company. Macquarie downgraded InterOil from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $60.00 to $50.00 in a report on Wednesday, April 15th. Zacks raised InterOil from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Thursday, May 28th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $85.00 price objective (up previously from $60.00) on shares of InterOil in a research report on Thursday, June 25th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $65.36.

[Stavros]

Evan Calio is the only analyst who truly covers IOC with in-depth field work and interviews with top management. He set a price target of $85.

The others are anal-ists who have very little understanding of what's in the works. They all figure that E/A must have exactly 7.1 tcfe because that's the value used by Civelli/Botten to set the down-payment price for the sale of Pacific LNG to OSH.

They will be proven wrong in due course ... they will be very surprised that E/A will be certified at 12 tcfe.

AND YES DEAR FRIENDS ... I will live long enough to see it.

[jft310]

Stavros hope your right. Even if its 12 TCFE in PRL 15 that's a heck of a good day. Antelope South pre drill 5.5 TCFE.

[admin]

The GS report from this morning

[sageo]

Evan Calio is the only analyst who truly covers IOC with in-depth field work and interviews with top management. He set a price target of $85. The others are anal-ists who have very little understanding of what's in the works. They all figure that E/A must have exactly 7.1 tcfe because that's the value used by Civelli/Botten to set the down-payment price for the sale of Pacific LNG to OSH. They will be proven wrong in due course ... they will be very surprised that E/A will be certified at 12 tcfe. AND YES DEAR FRIENDS ... I will live long enough to see it.

Stavros - Thanks for raising my 11.2 tcfe from a few months ago to the 12 tcfe level . And yes.DEAR FRIEND, you will live to see it.....(.if Maui doesn't send you too many cases of his adult beverage ! ) Ho.ho.

[sageo]

Don't get too excited, it looks like they have a $48.60 target price.

Gator - Just read that GS might now be fined up to 6 billion instead of the 3.8 billion they first believed.....they are truly "something else" .

[MartiniStocks9756]

Someone correct me if I am wrong but didn't GS downgrade us just a few short weeks ago. Are they playing games?