Falcon is a global energy company with projects in Hungary, Australia & South Africa
Developing large acreage positions of unconventional and conventional oil and gas resources
Message: ANALYST VIEW - Morgan Stanley, Natixis up target price for Hungary's MOL
ANALYST VIEW - Morgan Stanley, Natixis up target price for Hungary's MOL
http://www.portfolio.hu/en/cikkek.td...
Wednesday, May 20, 2009 10:38:00 AM
Along with UBS, Morgan Stanley and Natixis have also raised their target prices for Hungarian oil and gas group MOL on Wednesday. The recommendation is ‘equal-weight' at Morgan Stanley and ‘Reduce' at Natixis.
Morgan Stanley upped its target price for MOL to HUF 12,000 from HUF 11,000.
Natixis raised its TP sharply to HUF 12,800 from HUF 8,200.
UBS has today downgraded MOL to ‘Sell' from ‘Netural', but taken its target price up to HUF 12,000 from HUF 11,000, saying the stock has performed “very strong" recently.
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