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Oil Stocks Unfazed by Downgrades
The prospect of a muted economic recovery has two analysts refining their ratings on oil stocks.
Ole Slorer, an analyst at Morgan Stanley, lowered his ratings on petroleum service providers BJ Services (BJS Quote), Smith International (SII Quote), Weatherford (WFT Quote) and Cooper Cameron (CAM Quote) to equal-weight from overweight, saying they have been relative outperformers in the market's recent pullback. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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