Nomura Securities Upgrades Noble Energy (NBL) to Buy

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Noble Energy (NBL) Gains; Co. Seen as a 'Survivor' in the Oil Patch

January 21, 2016 11:28 AM EST

Noble Energy (NYSE: NBL) is sharply higher Thursday (+8%) as Nomura Securities analyst Lloyd Byrne called the company a "survivor" in the oil wreckage and upgraded the stock to Buy.

Byrne cited the company's asset quality and financial positioning.

"NBL is well... More