Tan mal lo tomo el mercado? Es oportunidad de compra? O sigue de largo?
Porque la tendencia de fondo sigue siendo alcista para XOM....
FOR THE BULLS Credit Suisse analyst Paul Sankey, reiterating a “Buy” recommendation and an $80 price target, writes that Exxon’s move is very favorable for “long-term” investors, as it positions Exxon to be the low-cost leader, if you will, in natural gas. However, it also presages natural gas prices being poor over the long term. FOR THE BEARS Katherine Minyard of Collins Stewart, reiterating a “Hold” recommendation on Exxon, notes that the deal should double Exxon’s U.S. natural gas reserves and increase its worldwide production 12%. However, she warns that by her calculations, Exxon is paying more for XTO’s reserves than the market is paying for Exxon’s. Given that, and the lackluster outlook for natural gas, she expects Exxon to continue to trade down on the deal.http://blogs.barrons.com/stockstowatcht ... hoobarrons
